C40 Cities & CDP Expand Partnership
C40 announced today that it will expand its longstanding partnership with CDP, a leading international NGO that provides cities, companies and investors with the only global environmental disclosure system. We at C40 recognize that standardized reporting methods are critical for implementing greenhouse gas reductions – as New York City Mayor and outgoing C40 Chair Michael R. Bloomberg says: “if you can’t measure it, you can’t manage it.”
“Data measurement plays a critical role in sound management, but for too long it has been largely missing from the fight against climate change,” said Mayor Bloomberg. “Together with C40, CDP is changing that and helping cities around the world to reduce their carbon footprints. Given Bloomberg Philanthropies' own commitment to using data to measure and manage problems, and to the issue of climate change, this partnership is a perfect fit."
The partnership expansion comes with the announcement the Bloomberg Philanthropies will provide CDP with a three-year, $4.1 million grant that will greatly enhance the existing CDP reporting platform and associated technical support for city governments, which will in turn help more cities disclose and leverage their data to execute actionable, sustainable and long-term results.
In particular, the grant will help CDP and C40 achieve their shared goals to:
- Increase the number of cities worldwide that report on climate change annually;
- Standardize emissions accounting by employing an effective city-vetted methodology
- Enable cities to report transparent, year-on-year emissions reductions
Past work collaboration between CDP and C40 resulted in the release earlier this year of the Wealthier, Healthier Cities report, which found that cities taking action against climate change also experienced economic and health benefits. To learn more about the report, click here.
To read the full release, click here.