C40, Germany & IADB Achieve Major Breakthrough
C40 became since 2010, when the former 108th New York City Mayor Michael R. Bloomberg began his tenure as C40 Chair. Key milestones in 2011 include the full integration of C40 with the CCI Cities Program by which C40 executives and staff are working in unison with CCI City Directors and programmatic teams to support climate action in cities.
Paris (December 4, 2015) – Green infrastructure is no longer out-of-reach for cities in developing countries thanks to the launch of the C40 Cities Finance Facility, a major project by C40 Cities, Germany and Inter-American Development Bank (IADB) to provide the skills, technical assistance and connections to funding opportunities needed to unlock up to $1 billion worth of sustainable infrastructure in cities across low and middle-income countries by 2020.
C40, Germany & IADB Achieve Major Breakthrough For Developing Cities – $1 Billion In Green Infrastructure Unlocked Within Four years.
This transformative partnership between C40, Germany and IADB, launched today at the C40 Forum, reinforces the joint commitment to bring practical solutions to unlock the potential of all cities to deliver action on climate.
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