Recent Posts

Cities are at the forefront of experiencing a host of climate impacts, including coastal and inland flooding, heat waves, droughts, and wildfires. As a result, there is a widespread need for municipal agencies to understand and mitigate climate risks to urban infrastructure and services – and the communities they serve – according to a new report released by C40 and a group of leading cities.

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Local governments encounter diverse obstacles to financing climate actions, because we typically depend on national resources. In this context, cities have to innovate and find solutions to finance our climate action programs. Mexico City is committed to this effort, and in December 2016, we became the first city in Latin America to issue a Green Bond for $1 billion pesos (US $50 million).

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Replacing diesel and compressed natural gas (CNG) buses with low emission buses, such as battery electric and hybrid, can generate significant environmental, health and economic benefits in our cities. To date, 27 cities have signed onto C40’s Clean Bus Declaration committing to switching more than 45,000 buses in their fleets to low emission buses, saving an estimated 1 million tons of GHG emissions per year. If each of these 27 cities switched their entire fleet to low emission buses, the savings could reach 2.8 million tons of GHG emissions each year. This is the equivalent of taking around 590,000 cars off the road.

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