Press Releases

New Calls to Cities and Investors Announced to Deliver Sustainable Finance Growth in Cities Worldwide

The Global Covenant for Mayors,  the European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank Group announced an Invest4Cities Call to the global investment community worldwide to step up efforts to close the urban green investment gap by mobilizing up to US$ 6 billion from public and private investors – making public funds go further and greener.

Global Covenant of Mayors and World Bank Announce Partnership

The World Bank partners with the Global Covenant of Mayors and will lend $4.5 Billion USD to ensure 150 cities have the funds to implement initiatives to increase sustainability and resilience and fight climate change. The partnership brings together the largest global alliance of cities committed to tackling climate change with the world’s leading development institution. … read more

COP 23: GCoM Reports the Collective Impact of Committed Cities and Announces a New GHG Emissions Inventory Standard for Cities and Local Governments

At COP23, Global Covenant of Mayors Raises the Level of Ambition at the Subnational Level and Local Leaders Showcase their Commitment to Accelerating Global Progress on Climate Change Bonn, Germany, 12 November 2017 – Today, during the 23rd Conference of the Parties (COP23) to the UN Framework Convention on Climate Change (UNFCCC), the Global Covenant of Mayors for … read more

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