Press Release: C40 Announces New Milestones in Leadership and Funding
Today the C40 Cities Climate Leadership Group (C40) announced several key milestones in both leadership and funding for the organization that will help accelerate the impact cities are having in taking climate actions locally that will reduce greenhouse gas emissions globally.
Effective immediately, Rio de Janeiro Mayor Eduardo Paes begins his 2-year tenure as C40 Chair while former Chair New York City Mayor Michael R. Bloomberg assumes a new role as President of the C40 Board of Directors. Mark Watts, a former Director of ARUP, and Climate Change and Transport adviser to the former Mayor of London and C40 founder Ken Livingstone, has been appointed the new Executive Director for the organization. Jay Carson, C40’s outgoing Executive Director, will join the organization’s Board of Directors representing Bloomberg Philanthropies. As well, Rohit Aggarwala, Special Advisor to the Chair under Mayor Bloomberg’s tenure, has been asked to remain on as a consultant to both Paes and Bloomberg.
“We are thrilled to have Mark Watts join us as the new Executive Director of C40,” said Michael R. Bloomberg, President of C40 and Mayor of New York City. “Mark is uniquely qualified to run C40 and will be able to build on the strong management, funding and operations structure that we have put in place. I also want to thank Jay and Rit for all the outstanding work they’ve done to get us to where we are today – it’s great news for C40 that they will be staying on to help the organization continue moving forward.”
C40 also announced today that it has reached key funding commitments in the amount of $8.9 million from the Children’s Investment Fund Foundation (CIFF), $9 million from Realdania and $10 million from Bloomberg Philanthropies which will provide the core funding for C40 global activities over the next three years.