‘Cities must spend $375bn to hit Paris climate goals’

Cities need to spend $375 billion (£300.95bn) over the next four years to hit the Paris Agreement’s goals. That’s according to a new report from the C40 Cities Climate Leadership Group, a global network of urban authorities committed to tackling climate change. The report highlights the scale of global opportunities in sustainable urban infrastructure – cities have only reported costs for […]

EU mobilises €1bn to push green transport investments

The EU is mobilising €1 billion (£850m) to leverage private investment in green transport infrastructure. For the first time, a new call for proposals will combine €1 billion of grants (Connecting Europe Facility – Transport) with financing from public financial institutions, the private sector and the European Fund for Strategic Investments. This aims to help boost investment to fund innovative, sustainable transport infrastructure upgrades while […]