The Harvard Business School Alumni Bulletin recently examined the importance of cities to climate change. Cities, the article says, are uniquely positioned to lead on climate change mitigation efforts. The piece notes that while historically cities are contributors to environmental issues: “it can also be said that, going forward, environmental remediation is not possible without them.”
In an example of leadership from the private sector, one of the largest property developers and owners in India, the K. Raheja Corp Group (KRC), has also become one of the country’s most convincing proponents of building energy efficiency.
Sustainability programs provide people with more than a cleaner environment. Residents of ”green” urban areas like C40 City Copenhagen enjoy other benefits as well, from a stronger job market to a more competitive local economy to improved quality of life.
The City of Los Angeles, a C40 City, and Mayor Antonio Villaraigosa today announced a major expansion of the city’s efforts to combat greenhouse gas emissions from the city’s commercial buildings. The LA Commercial Building Performance Partnership will enable building owners to access free energy assessments, as well as financing at competitive rates to cover up to 100 percent of the cost of their energy upgrades. The program builds on PACE (Property-Assessed Clean Energy) Financing programs that have shown success across the country.