European leaders need to recognise that direct investment in cities is the best way to address the immediate needs of our citizens, whilst also responding to the causes of the climate crisis, writes Rafał Trzaskowski.
By investing US$1.83 trillion - about 2% of global GDP - per year in cutting urban emissions, national governments would generate annual returns worth US$2.80 trillion in 2030 and US$6.98 trillion in 2050, a report released Thursday (19 September) finds.
The failure of wealthy nations to deliver on short-term climate commitments could hinder the rollout of a landmark treaty, a bloc of 134 developing countries, including India and China, warned Thursday (9 November) at UN negotiations in Bonn.
EXCLUSIVE / Michael Bloomberg, the former mayor of New York, will be in the driving seat of a new global alliance of cities to tackle climate change, despite the EU having pioneered the idea of coordinating mayors to fight global warming.
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