Financing Low Carbon, Resilient and Inclusive Cities Through Multi-Level Governance
by World Resources Institute (WRI) | - | Multi-level Action Pavilion, Blue Zone at COP27
Join via Zoom (passcode: 7664)
Cities already account for 70% of global CO2 emissions from energy use; left unaddressed, emissions will continue to rise as urbanization accelerates, especially in developing countries. Cities are also at the forefront of climate change vulnerability: 70% of cities are already experiencing harmful impacts to their citizens and infrastructure as a result of climate change.
Cities are not only critical to delivering a green and just transition while limiting global warming to 1.5 degrees, they also offer an enormous economic opportunity. Research has shown that a bundle of technically feasible low-carbon measures could cut emissions from buildings, transport, materials use and waste in cities by almost 90% by 2050; support 45 million jobs in 2050, and generate energy and material savings worth US$23.9 trillion by 2050. Raising the investment required to seize this opportunity however requires collaboration. Cities, regions, national governments and investors must work together to not only increase access to finance but also target it innovatively and strategically. This event will bring together experts and practitioners to discuss and share examples of how to effectively finance low carbon, resilient and inclusive cities through multi-level action.
- Ani Dasgupta, President & CEO, WRI
- Governor Samuel Garcia, Nuevo León, Mexico
- Lord Mayor Lowe of Banjul, the Gambia, Vice Chair of the Global Parliament of Mayors
- Dr. Barbara Buchner, Global Managing Director, Climate Policy Initiative
- Sheela Patel, Founder and Director, Society for the Promotion of Area Resource Centres (SPARC) India
- Joseph Muturi, Chair of the Board, Slum Dwellers International
- Graham Watkins, Chief of the Climate Change and Sustainability Division, Inter-American Development Bank (IDB)
Cover image by: Shutterstock/HandmadePictures
Primary Contact: Pandora Batra, Strategic Engagement Manager, Climate Program / WRI Ross Center for Sustainable Cities