The European Investment Bank and the Global Covenant of Mayors for Climate and Energy have announced the 20 shortlisted cities of the Global Climate City Challenge, at the International Conference on Climate Action, ICCA 2019, in Heidelberg, Germany.
The Challenge received 145 project proposals with total investment opportunities of over €5 billion. The first 20 shortlisted cities have investment potential of €1.4 billion. The proposals range from e-mobility, waste, to energy, urban greening, resilience and climate adaptation measures.
The first round of 6 cities whose projects will be supported will be announced at the UN Climate Action Summit in New York on 23rd September.