The U20 Summit, held in Rio de Janeiro from November 14 to 17, 2024, concluded with a broad call by mayors and city leaders, including representatives from C40 Cities and the Global Covenant of Mayors for Climate & Energy (GCoM). Their message to national governments and development banks was clear: increase urban climate finance by … read more
It’s with great pleasure that we present the latest edition of the Global Covenant of Mayors for Climate & Energy newsletter, a platform for updates and insights at the forefront of climate change and action. Within these pages, curated contributions from the GCoM Secretariat, GCoM’s dynamic National/Regional Covenants and valued alliance partners, we offer an … read more
From November 25 to 29, 2024, the GCoM-Gap Fund Partnership team joined the CEOs of financial intermediaries from eight African countries, including Côte d’Ivoire, Cameroon, the DRC, Guinea, Madagascar, Mali, Senegal and Togo for the 2024 edition of the Annual Meeting of the African Network of Local Government Financing Institutions (RIAFCO) in Madagascar. Organized by … read more
On 28th and 29th November 2024, representatives from 17 Local Public Authorities (LPAs) in Moldova came together in Chișinău for a two-day workshop on mobilizing financial resources for climate adaptation and disaster risk reduction. Organized by the United Nations Development Programme (UNDP), in partnership with the City Climate Finance Gap Fund (Gap Fund) and the … read more
That’s a wrap on COP29! From November 11 to 22, 2024, in Baku, Azerbaijan and online, the Global Covenant of Mayors for Climate & Energy (GCoM) co-organized and participated in 20+ events across the COP29 venue – gathering local leaders, partners, and stakeholders for an inspiring series of events focused on local climate solutions, research … read more
Updated projections from the Global Covenant of Mayors (GCoM) in partnership with Arup indicate that – based on current near-term targets and current nationally determined contributions (NDCs) – cities committed to climate action could achieve up to 40% of the global emissions reduction gap between NDCs and a 1.5°C pathway by 2030. This potential – … read more