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Policy support platforms like the Feed-in Tariff and the Renewable Portfolio Standard have been very successful in accelerating renewable energy development around the world. Nonetheless, the sustained and consistent transition to a renewable energy future required, e.g., to avoid further climate change, continues to elude societies. To achieve substantial energy transformation, reconsideration of the finance-policy-market interaction is required and is contemplated here by positioning the build-out of a particular renewable energy technology, photovoltaic (PV) energy, as a commitment to infrastructure-scale development. A so-called 'solar city' strategy is analyzed in which large-scale deployment of PV throughout the urban fabric essentially constructs an urban renewable energy power plant by utilizing the vast rooftop real estate available in all cities. The article explores a capital market strategy for practical implementation of urban PV in six case study cities-Amsterdam, London, Munich, New York City, Seoul, and Tokyo. This study demonstrates the substantial potential of the solar city concept in each location and outlines a financing strategy to realize the potential.Restructuring the urban energy infrastructure has been identified as a key element in strategies to address climate and sustainability challenges. [41][42][43][44][45] Additionally, due to the vacuum left by unproductive international negotiations on climate change, energy-focused climate Advanced Review wires.wiley.com/wene 1 The following city area inputs were used: Amsterdam (165 km 2 ), London (321 km 2 ), NYC (789 km 2 ), Seoul (605 km 2 ), and Tokyo (623 km 2 ).

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