New Funding Announced for Climate Action in Cities

COP President Daily Media Statement and Latest Announcements – 11 November 

List of announcements: Cities, Regions and Built Environment Day

• The UK today pledged £27.5m of new funding for the new Urban Climate Action Programme (UCAP) to support cities targeting net zero. The programme, funded through International Climate Finance, will support cities across Africa, Asia and Latin America to take climate action and create a sustainable future, by helping them implement innovative climate action plans to become carbon neutral by 2050 and prepare low-carbon infrastructure projects to reduce emissions. 
   
• UCAP will help cities to implement projects like low-emission public transport systems, renewable energy generation, sustainable waste management, new climate-smart buildings codes and climate risk planning. By showcasing what is possible, city and regional authorities can demonstrate to other cities and national governments the opportunities available to drive action.
   
• The programme will be delivered in partnership with the C40 Cities Climate Leadership Group, a global network of cities focused on climate action, and GIZ, the German development agency.
   
• UCAP will build on the flagship Climate Leadership in Cities programme, which successfully supported megacities in Latin America and Asia to develop ambitious climate action plans consistent with the Paris Agreement; including developing pathways to net zero by 2050 and committing to ambitious interim targets by 2030 to keep 1.5 degrees within reach.

Source: New Funding Announced for Climate Action in Cities