During the Global Climate Action Summit in San Francisco in September, the Global Covenant of Mayors and the European Investment Bank announced the Global Climate City Challenge, a pilot initiative to address key technical and financing barriers and strengthen investment in green projects and programmes essential to improve resilience to a changing climate in cities. Local authorities or entities such as municipal companies, utilities and local banks with a strong commitment to addressing climate change are encouraged to apply before February28th.
The Global Climate City Challenge will support climate action projects in at least six cities under an initial pilot programme. This will include working to enhance the bankability of projects and increasing financing support as well as sharing experience of smart city technology and innovative urban financing. The initiative will focus on high-impact projects in Africa, Central Asia, Latin America, the European neighborhood and EU accession countries, with the first targeted support expected to last two years.
For further details and to help facilitate applications for the Global Climate City Challenge, CDP and EIB have organized webinars in English and French:
French webinar on Thursday, February 7, 2019 3:00 pm GMT
