Cities and Businesses Fight Climate Change Together
- 16 May 2007
The Climate Group launched its new publication - Public Private Partnership: Local Initiatives 2007 at the C40 Large Cities Summit in New York. This publication uses 11 case studies from around the globe to show that city/business partnerships can effectively reduce greenhouse gas emissions while benefiting the city, its citizens, and businesses.
"The C40 summit is about cities and businesses responding to the challenges presented by climate change and the opportunities that inherently arise from tackling these challenges," said Dr. Steve Howard, CEO of The °Climate Group.
"This publication shows for the first time that there are significant benefits for cities and businesses that work together to reduce carbon dioxide emissions," Howard continued. "Furthermore, it documents how these partnerships deliver results for the climate and shows that they are financially rewarding for the city governments and businesses involved."
One of the case studies in the publication details the partnership between the Mayor of London's Climate Change Agency and EDF Energy. This partnership is helping to revolutionize London's electricity system and will assist London in meeting its goal of a 60% reduction in climate emissions, relative to 1990 levels by 2025.
"The C40 has huge potential in the battle against climate change. City administrations combine the scale and power to make a difference with a closeness to our people in their homes and neighborhoods which allows them to engage more effectively," said Vincent de Rivaz, Chief Executive, EDF Energy.
Another case study focuses on Berlin's energy-savings partnership, which uses an innovative financing mechanism to facilitate building retrofits. This initiative provides Berlin with annual savings of US$7.5 million.
"I am very pleased that Berlin's Energy Saving Partnership is featured in this publication. This is a highly successful program, which would not be possible without strong and committed private sector partners. The results benefit everyone - the city, the residents and the business involved. The Energy Saving Partnership is a model of successful climate protection." Said Klaus Wowereit, the Governing Mayor of Berlin.
The C40 group of cities represents close to 4% of the global population and some 2% of global climate change emissions. "The °Climate Group looks forward to working with these cities to promote and assist with the formation of city/business partnerships like those covered in this publication." Dr. Howard said.
For further information please contact:
Callum Grieve (US) + 1 212 545 5428