Guidance Framework for Better Air Quality in Asian Cities: Financing Air Quality Management

This Guidance Framework chapter begins with a look at how finance is an integral yet sometimes overlooked component of clean air and climate action, situating it within a series of objectives that are linked to the developmental phases of AQM. This is followed by a discussion of the tools and approaches available to cities to help them better understand the costs and benefits of clean air investments. There is then a look at the synergies that exist between clean air and climate action, and the basic finance strategies cities can employ to meet AQM resource challenges. Finally, the chapter covers equity in the allocation of costs, financial planning and project preparation, a step-by-step overview of the stages of financial development, and a summation of the key issues and challenges. It concludes with a roadmap to improve access to finance for local governments.