The Olympic and Paralympic Games are one of the world's largest sports events, and the delivery of the Games has more wide-ranging impacts than we could imagine, not on the field of sports alone, but also on society, the economy and other fields. The Games' influence will go beyond Tokyo, the Host City, extending across Japan and the world. Given the growing momentum for efforts to project the global environment, it is vital that these concerns are fully addressed in the preparations for the delivery of the Olympics and Paralympic Games.
Investing in sustainable infrastructure is key to tackling three simultaneous challenges: reigniting global growth, delivering on the Sustainable Development Goals (SDGs), and reducing climate risk. Following the milestone achievements of 2015 – including the ambitious global goals set for sustainable development and its financing in Addis Ababa and New York, and through a landmark international agreement on climate action in Paris – the challenge is to now to shift urgently from rhetoric into action.
This report showcases 10 U.S. cities that have made ambitious commitments to be powered by 100% renewable energy. For a variety of reasons and in diverse circumstances, public officials and community leaders see the transition from dirty fossil fuels to clean energy not as an obligation but as an opportunity. Cities powered by 100% clean energy save taxpayer dollars, help their residents save money, create good jobs, and foster a better quality of life. They are catalysts for a new economy and clean energy future.
New Perspectives on Climate Finance for Cities has been prepared by C40 Cities Climate Leadership Group, Siemens and Citi. The focus is specifically on routes to financing climate change projects and programs. A multitude of guides already exist exploring more conventional routes of project finance, but few are focused purely on the topic of climate finance.
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