C40 - Creditworthiness by James Alexander at GIB Summit
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This document discusses megacities and climate change. It outlines that the C40 Cities Climate Leadership Group represents 67 megacities that are home to 8% of the world's population and generate 21% of global GDP, but also produce 5% of global greenhouse gas emissions. The C40 convenes networks for peer-to-peer exchange and works to address financing challenges faced by cities, such as turning ideas into projects, understanding investor needs, and issues of creditworthiness that impact scaling up of climate solutions. Activities to help improve city creditworthiness include a new financing network, creditworthiness academy with the World Bank, city challenges analysis and action plans, and a mayoral-level pledge.
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C40 - Creditworthiness by James Alexander at GIB Summit
- 2. 2 Megacities and climate change
- 3. 3 The 67 C40 Cities Addis Ababa Amsterdam Athens Austin Bangkok Barcelona Basel Beijing Berlin Bogota Boston Buenos Aires Cairo Cape Town Caracas Changwon Chicago Copenhagen Curitiba Dar es Salaam Delhi Dhaka Hanoi Heidelberg Ho Chi Minh City Hong Kong Houston Istanbul Jakarta Johannesburg Karachi Lagos Lima London Los Angeles Madrid Melbourne Mexico City Milan Moscow Mumbai Nairobi New Orleans New York Oslo Paris Philadelphia Portland Rio de Janeiro Rome San Francisco Santiago Sao Paulo Seattle Seoul Shanghai Shenzhen Singapore Stockholm Sydney Tokyo Toronto Vancouver Venice Warsaw Washington, DC Yokohama
- 4. 4 The Power of C40 8% of all humans 21% of global GDP $$$$$ 5% of global GHG emissions CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e CO2e
- 5. 5 C40 DATA
- 7. 7 C40 cities’ FINANCING CHALLENGES Cities face challenges in every stage of the deal- making process: • Turning ideas into projects • Feasibility studies • Finance sources • Understanding investor needs • Financing costs and complexity - creditworthiness • Scaling-up
- 8. 8 C40 CREDITWORTHINESS ACTIVITIES • New C40 Network • Creditworthiness Academy – with World Bank • City challenges analysis and action plans • Mayoral-level pledge
- 9. 9 CONTACT US James Alexander Director, Finance and Economic Development jalexander@c40.org
Editor's Notes
- SCREEN SHOT/COMBINED GRAPHICS FROM http://www.c40cities.org/c40cities
- PRETTIER