Climate Summit for Financing of Sustainable Infrastructure in 40 Global Megacities takes place in Basel
Monday, 10.01.2011

Climate Summit for Financing of Sustainable Infrastructure in 40 Global Megacities takes place in Basel

In a first concrete effort to fulfil the resolutions of the Climate Summit held in Cancùn (Mexico) one month ago, delegations from 40 megacities (with a combined population of over 400 million) will meet on 11 and 12 January in Basel, Switzerland.

The Cancùn agreement calls for a 2°C limit on global warming. To meet this minimum target, cities will have to reduce their greenhouse gas emissions by up to 80%. The conference, named "Global Energy Basel" (GEB), will focus on the main stumbling block: financing sustainable urban infrastructure – notably energy-efficient buildings and transportation, plus the provision of adequate renewable energy supplies.

 

GEB is convened by Mayor Michael Bloomberg of New York in his role as Chairman of the C40 Climate Leadership Group of Large Cities (www.c40cities.org) and by Dr. Guy Morin, President of the Basel government.

At the climate conference in Cancùn (Mexico), 192 governments committed themselves to a two degree Celsius limit on global warming. This presents a particular challenge for cities, as they are responsible for 70-80% of global greenhouse-gas emissions. Buildings and transport infrastructure are the main sources. Creating energy-efficient urban structures and low-energy transport modes, along with the provision of renewable energy, are pivotal strategies that cities need to adopt if they are to reduce their impact on the climate.

 

For more information: www.globalenergybasel.com