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31.12.2017 GEF CEO

GEF CEO: double support for sustainable cities proposed

 

Source: thegef.org, 2017-12-12

At the One Planet Summit in Paris today, Global Environment Facility (GEF) CEO and Chairperson, Naoko Ishii, proposed an increase in GEFs support for sustainable cities.

Going forward, we want to do even more, and I am extremely pleased to tell you that the GEF Secretariat is proposing to double the GEF financial contribution to our cities program for the next four years, Ishii said. In collaboration with our network of city based associations, the World Bank and other MDBs, we are aiming to bring 500 more cities into the Global Platform of Sustainable Cities by 2020.

Naoko Ishii was speaking at the Summit session Accelerating local and regional climate action which was hosted by Mme Anne Hidalgo, Mayor of Paris and C40 Chair.

GEFs current sustainable cities program has already committed over USD $100 million in grants, and mobilized an additional USD $2.4 billion in financing to support city leaders in Asia, Africa and Latin America.

Read more at:
https://www.thegef.org/news/gef-ceo-double-support-sustainable-cities-proposed

     

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