Commitment to Action

Low-Carbon Livable Cities Initiative

Commitment by

World Bank Group

In 2013, the World Bank Group committed to launching the Low-Carbon Livable Cities Initiative, which aims to catalyze action towards low-carbon economies in the largest 300 cities in the world by 2015. In partnership with C40 Cities and The Rockefeller Foundation, two thought leaders in this space, the World Bank will offer a comprehensive suite of planning and financing tools and services according to cities' needs, ranging from GHG inventories and assessments to technical assistance for developing and refining low carbon action plans. This commitment represents a multi-million dollar effort that will enable local governments to develop low carbon projects and policies at the city level with the goal of reducing emissions in the energy, building, transportation, and water and solid waste management sectors. Through the Low-Carbon Livable Cities Initiative, the World Bank Group is looking to make investments that will drive forward innovative solutions for climate action in cities.

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Overview
Summary

Commitment

Low-Carbon Livable Cities Initiative

Launched

2013

Est. Duration

4 years

Estimated Total Value

$6,000,000

Region

Northern America

Countries

Global

Commitment by

World Bank Group

Partner(s) of the Commitment Maker(s)

The Rockefeller Foundation, Korea Environment Corporation, Japan International Cooperation Agency, AECOM Technology Corporation, C40 Cities Climate Leadership Group, Inc., Local Governments for Sustainability USA (ICLEI), Bloomberg Philanthropies, World Resources Institute, Global Environment Facility