CANFFUND - Cambridgeshire Governance Framework to unlock net zero finance

剑桥郡和彼得伯勒气候独立委员会估计，到本世纪20年代，每年需要7亿GB的资金来脱碳和适应气候变化。需要一个雄心勃勃的资金计划。第一阶段的可行性表明，剑桥郡98%的支出加强了化石燃料通道。剑桥郡的资金流从高碳转向低碳，需要一个强有力的基于证据的治理框架和新的融资解决方案，以使地方和国家的净零交付保持一致。**地方决定的捐款**在明确的框架内使地方的净零计划和承诺与国家承诺和报告要求保持一致。与英国国家决定的贡献一样，最不发达国家包括目标和承诺以及实现这些目标和承诺的实施计划，并有一个协调地方和国家数据并明确作用和责任的会计制度作为后盾。最不发达国家将提供当地背景和雄心，反映在国家承诺中，以满足英国的国际协议。这将是英国在缔约方会议上发挥全球领导作用的又一个例子，也是英国、国际和当地其他行为者了解如何解释其贡献的有用工具。该项目将**为世界领先的剑桥郡最不发达国家**开发和测试指导工具包**，创造一种创新的全系统方法来转移资金，为地方、人民和气候带来好处，并在低碳过渡中实现物有所值。该项目建立在第一阶段工作的基础上，以推进将最不发达国家作为金融促进者的可行性，帮助开发一系列新的融资解决方案，以便能够投资于当地项目并支持零净额的交付。我们的指导方针将侧重于设计一个最不发达国家，以克服在地方一级投资零净额的已查明的非技术障碍。它将专注于减少监管的不一致性和不确定性，并探索如何解决障碍，例如跨当局的投资组合管理方法缺乏一致性，以及跨社区和其他利益相关者对问题和机会的认识不足。我们将使用我们的本地能源计划(LAEP)作为应用指导的案例研究，但其结果也将设计为更广泛地适用于地方当局。最不发达国家的核心将：*为国家政府提供治理机制，以通过地方问责来履行其承诺；以及*使地方政府、社区和企业能够看到他们的净零行动如何为国家图景做出贡献。

The Cambridgeshire and Peterborough Independent Commission for Climate estimates that £700M/yr of funding is required through the 2020s to decarbonise and adapt for climate change. An ambitious funding plan is needed.Phase-1 feasibility showed that 98% of Cambridgeshire's spend reinforces fossil fuel pathways. The redirection of finance flows from high- to low-carbon in Cambridgeshire requires a robust evidence-based governance framework and new financing solutions to align local and national net-zero delivery.**Locally Determined Contributions (LDC)** align local net-zero plans and commitments with national commitments and reporting requirements in a clear framework. Like the UK's Nationally Determined Contribution, LDCs consist of targets and commitments and the implementation plans for achieving them, backed up by an accounting system aligning local and national data and clarifying roles and responsibilities.The LDC will provide the local context and ambition to be reflected into national commitments to meet UK's international agreements. This will serve as another example of the UK's global leadership at COP conferences, but also as a useful tool for other UK, international, and local actors to understand how their contribution can be accounted for.This project will **develop and test a guidance toolkit** for a world-leading Cambridgeshire LDC, creating an innovative, whole-system approach to shifting finance to deliver benefits for places, people and the climate, as well as value for money in the low-carbon transition.This project builds on the work of Phase-1 to progress the feasibility of using LDCs as a facilitator for finance, contributing to developing a range of new financing solutions to enable investment into local projects and support delivery of net-zero.Our guidance will focus on designing an LDC that overcomes identified non-technical barriers to investing in net-zero at a place-based level. It will focus on reducing regulatory inconsistencies and uncertainty and explore how to address barriers such as lack of consistency in portfolio management approaches across authorities, and low understanding of the issues and opportunities across communities and other stakeholders.We will use our Local Area Energy Plan (LAEP) as a case-study for applying the guidance, but the findings will be designed to be applicable across local authorities more broadly too.In its core, the LDC will:* provide a governance mechanism for national governments to deliver on their commitments through local accountability; and* enable local government, communities and business so see how their net-zero actions contribute to the national picture.