Clinton, Bloomberg team up to lead city-focused climate action program

As  Tamar Shapiro and Thomas Legge, both of GMF, pointed out in this space last week, cities are playing increasingly important roles as drivers of climate policy and action. Now, political clout and a funding kickstart are coming together to realize this reality in the persons of former President Bill Clinton and current New York City Mayor Mike Bloomberg. Bloomberg was recently named the new chair of the Clinton Foundation’s C40 Climate Leadership Group, a group of 40 mayors that will work together to build common climate action policies for major urban areas in the absence of comprehensive national and international mandates. On a practical level,  Bloomberg will bring much-needed financing from his own foundation to the initiative, which is meeting with renewed vigor this week in Sao Paulo, Brazil. While much of the discussion in Sao Paulo will focus on how to mitigate the effects of climate change through urban policy- by retrofitting buildings to increase energy efficiency, lowering municipal energy costs through infrastructure improvements, and incentivizing use of cleaner public transportation, to give just a few examples- the mayors also hope to reach a deal with the World Bank that would provide other financing opportunies to climate adaptation programs underway in cities around the world.

Photo credit: NY Daily News

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