The C40 Blog serves as the paper of record for C40 and provides a
platform for sharing important, diverse perspectives on current
issues from C40 Mayors, field staff, partners and international
C40 and CIFF recently launched a new online tool that will help cities understand the relationship between mitigation measures, which reduce greenhouse gas emissions, and adaptation measures, which reduce climate risk. Based on cities’ experiences and designed for cities, this is the first tool available that will help policy-makers systemically analyse potential interactions between mitigation and adaptation as they develop climate action plans.
The upfront cost of electric buses is higher than traditional diesel and CNG buses, but they present the unique advantage of having significantly lower operation and maintenance costs. In the current economic environment, many cities cannot afford a significant increase in the budget allocated to the renewal of their bus fleets and until now, only cities that have access to government incentives have deployed small numbers of electric buses by relying heavily on subsidies. This model however, is not scalable to 1000+ vehicles nor replicable to cities that don’t have access to similar support.
Urban citizens account for over half of the world's population. Analysis for the C40 Climate Leadership Group shows that by mid-century, climate change will likely pose an existential threat to some of the world’s greatest cities. The need to finance sustainable urban infrastructure in response to this threat is undeniably a defining global challenge of our time. Both the capital and innovative projects exist; now more than ever, all sectors need to play their part in bringing them together.
As part of the Financing Sustainable Cities Initiative (FSCI), a partnership between WRI Ross Center for Sustainable Cities and C40, funded by the Citi Foundation, C40 hosted its first Clean Energy Finance Academy from March 7-9, 2018 in Vancouver. The Academy brought together nine city representatives and technical experts to discuss innovative financial mechanisms and business models for implementing solar PV projects. The Academy helped launch a series of new peer-to-peer and technical expert collaborations to increase solar PV adoption in C40 Cities.