Across the world, mayors of C40 member cities are developing their visions for a low carbon future. Yet they frequently report, as revealed in C40’s Unlocking Climate Action in Megacities report, that a lack of access to finance is one of the biggest barriers preventing cities from delivering those bold plans. C40 cities have the leadership, the powers and the determination to act on climate change, however too frequently lack the financing to take the necessary action.
This week during the World Cities Summit in Singapore C40 and our partners Siemens and Citi have launched a detailed guidance document, to help cities looking for new models or techniques to finance sustainable infrastructure.
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