ICLEI together with our partners in the project “Closing the Gap for Transformative Local Action (CGTLA)”, is excited to announce the launch of the Low Carbon City Lab website.
The Low Carbon City Lab is an ambitious platform financed by Climate KiC with the objective to reduce 1 gigaton of carbon dioxide equivalent (GtCO2e) annually and leverage € 25 billion worth of climate finance for cities by 2050. The platform’s partners provide cities with better tools for assessing greenhouse gas emissions, planning, investing and evaluating progress. For more information on the projects under each activity, please visit the LoCal website.
Part of LoCal is a small-scale financing project called “Closing the Gap for Transformative Local Action (CGTLA)”, where ICLEI partners with the Gold Standard Foundation, the South Pole Group and WWF (project coordinator). The objective of the CGTLA project is to address fundamental barriers to the required channeling of finance to low-carbon city projects.
Over the long term, the project has the potential to contribute substantially to the conversion of 1 billion tCO2e of subnational governments’ commitments that are reported via the carbonn® Climate Registry (cCR), operated by ICLEI – turning these into real financed actions. In the short and mid-term the project will directly enhance the financing of local low-carbon pilot projects that deliver emission reductions.
The CGTLA project team has already held a successful webinar on green bonds for cities in emerging economies. To view the recording, click here.
For more information on the LoCal Platform and the CGTLA project we invite you to join us at the following COP21 events in Paris, France:
November 30th 10:30-11:15, EU Pavilion (COP21 Blue zone – accreditation required)
Low Carbon City Lab – scaling up climate finance in cities
December 5th 5:30-6:30, Cities & Regions Pavilion – TAP2015 (Green zone - closed workshop)
Innovative projects and financial solutions in cities
December 10th 3:00-4:00, Cities & Regions Pavilion – TAP2015 (Green zone – Agora hall)
Carbon City Lab – scaling up climate finance in cities
Contact the ICLEI team: firstname.lastname@example.org