LoCAL is the UN Capital Development Fund's facility for investment in local level climate resilience. The facility channels global adaptation finance to local governments - who are at the frontline of deadling with the effects of the climate change - and enables them to invest in building local resilience.
The method for doing so is innovative; the LoCAL Facility connects to existing national intergovernmental fiscal transfer systems and supplements transfers to local governments with Performance Based Climate Resilience Grants (PBCRGs).