Climate Smart Cities
Objective:Cities are critical players in achieving a sustainable future for all: by 2050, 70% of the world's population will live in urban centres. Your organisation can play a vital role in financing solutions and turning high-level vision into practical action plans. As a city with sustainability objectives, benefit from the innovation potential of businesses to identify cost-effective solutions for today's and tomorrow's urban challenges.
Measures to reduce emissions at city-level make a difference in the pursuit of climate change mitigation and sustainable economic growth. Depending on cities' needs, we offer:
- Monitoring, reporting, and verification (MRV) services and/or direct advice on concrete projects
- Match-making opportunities for investors and cities, and consulting for cities on the most innovative tools to access finance
— In depth
MRV services and advisory on urban projects
Together with the Gold Standard Foundation, we have developed a new certification standard for cities [link?] in order to improve project cash flows based on certified climate and development results. Our expertise also extends to advisory services for cities in places such as India, Indonesia, and Thailand on financing tools for low-carbon development. The strategy for putting in place robust urban systems to create inclusive, safe, sustainable and disaster-resilient cities is a collaborative effort. We work with development agencies, municipal decision-makers and local civil society to ensure solutions for multi-stakeholder engagement.
Attracting and securing finance through smart match-making
Through our leading role in EU's global Low Carbon City Lab and the Climate-KIC-powered cityactions.org platform, we work at the epicentre of establishing better match-making opportunities for investors and cities. We consult cities on the most innovative tools to access finance:
- Raising green, low-cost capital through green bonds with pioneering actors such as the Climate Bonds Initiative and ICLEI
- Advice on financial structuring, sourcing of finance and impact assessment for low-carbon city projects in emerging economies, tailored to the relevant sector (buildings, waste and transport), technology and geography. Depending on cities' needs, we offer either general capacity building and/or direct advice on concrete projects