Accelerating low-carbon development in the world's cities

This report finds that investing in public and low emission transport, building efficiency, and waste management in cities could generate savings with a current value of US$17 trillion by 2050. These low-carbon investments could also reduce greenhouse gas emissions by 3.7 Gt CO2e per year by 2030, more than the current annual emissions of India. With complementary national policies such as support for low-carbon innovation, reduced fossil fuel subsidies, and carbon pricing, the savings could be as high as US$22 trillion. The report recommends that cities commit to low-carbon urban development strategies by 2020. It also recommends cities commit to the Compact of Mayors, a global coalition of mayors and city officials pledging to reduce local greenhouse gas emissions, enhance resilience to climate change, and track their progress transparently. More than 130 cities - representing more than 220 million people - have already committed to the Compact of Mayors and will be setting ambitious emissions reduction targets and reporting publicly. The report also recommends that the international community should develop an integrated package of US$1 billion or more over five years to help accelerate and scale up low-carbon urban strategies in at least the world’s largest 500 cities.

• Record URL:
  http://2015.newclimateeconomy.report/wp-content/uploads/2015/09/NCE2015_workingpaper_cities_final_web.pdf
• 
• Corporate Authors:

  The Global Commission on the Economy and Climate

  London,    
• Authors:
  • Gouldson, A
  • Colenbrander, S
  • Sudmant, A
  • Godfrey, N
  • Millward-Hopkins, J
  • Fang, W
  • Zhao, X
• Publication Date: 2015-9

Language

• English

Media Info

• Pagination: 38p

Subject/Index Terms

• TRT Terms: Air quality management; Bicycling; Climate change; Environment; Modal shift; Public transit; Urban development
• ATRI Terms: Climate change; Cycling; Emissions control; Environment; Modal shift; Public transport; Sustainability; Urban development
• Subject Areas: Environment; Public Transportation;

Filing Info

• Accession Number: 01578366
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Oct 21 2015 1:04PM