City of Rio to Host First C40 Event to Unlock Access to City Financing
Today, C40 Cities Climate Leadership Group (C40) and the City of Rio de Janeiro announced a first-of-its-kind global financing forum to accelerate city climate action. The C40 Financing Sustainable Cities Forum – hosted along with the Citi Foundation and WRI Ross Center for Sustainable Cities – will bring together senior decision-makers from financial institutions, the private sector and more than a dozen city governments from across the globe. The Forum will take place April 5-7 at the City of Rio de Janeiro’s iconic new Museum of Tomorrow.
“In December, the 195 national governments that signed the Paris Agreement knew they could look to mayors in their countries as critical partners in achieving their emissions targets,” said C40 Chair and Rio de Janeiro Mayor Eduardo Paes. “Now is the time for us to continue and accelerate the progress we have made – and access to financing is crucial to meeting these commitments. I’m thrilled to welcome C40, the Citi Foundation, and WRI to Rio to make real progress towards the future of city financing. And there is no better backdrop for this meeting than the newly inaugurated Museum of Tomorrow, itself an achievement in sustainable urban architecture.”
The Museum of Tomorrow (Photo credit: City of Rio)
The event is part of the Financing Sustainable Cities Initiative, an ongoing partnership between C40, the Citi Foundation and WRI Ross Center for Sustainable Cities (WRI) designed to help accelerate and scale up investment in sustainable urban solutions in cities around the world. By drawing on the Citi Foundation’s urban economic progress agenda, the on-the-ground knowledge of WRI and the high-level connection with city leaders of C40, the collaboration is developing new ways to bring together public and private actors for capacity-building, common dialogue and action.
Stay tuned for updates about the event here.
To read the press release in English, click here.
To read the press release in Portuguese, click here.