Navigation Links
World Cities Join Hands to Combat Climate Change

Fifteen of the world's largest cities have agreed on a $5-billion initiative with major banks to retrofit buildings in their cities to save energy , in the first such enterprise to combat climate change.

Former US president Bill Clinton launched the initiative to coincide this week with a summit in New York attended by mayors and governors from 40 of the world's largest cities to discuss climate change.

Clinton's initiative launched on Wednesday called on ABN AMRO, Citi, Deutsche Bank, JPMorgan Chase and UBS to provide up to one billion dollars each to finance cities and private buildings to retrofit buildings. The amount to be provided by those five groups would double the market for energy retrofit in buildings.

The five banks will work with energy efficiency specialists like Hannon Armstrong and CCI to work out a mechanism to deploy their capital worldwide.

Honeywell, Johnson Controls Inc., Siemens and Trane will conduct energy audits and building retrofits to ensure energy conservation.

"Climate change is a global problem that requires local action," Clinton said in announcing the programme between the two sides. "The businesses, banks and cities partnering with my foundation are addressing the issue of global warming because it's the right thing to do, but also because it's good for their bottom line."

The initial group of large cities involved in the deal includes Bangkok, Berlin, Chicago, Houston, Johannesburg, Karachi, London, Melbourne, New York, Mexico City, Rome, Sao Paulo, Seoul, Tokyo and Toronto.

Large cities worldwide consume 75 percent of the world's energy and produce 80 percent of greenhouse gases.

Mayors and governors of those cities attended the two-day Climate Summit in New York hosted by Mayor Michael Bloomberg, which ended Wednesday.

Bloomberg unveiled New York's ambitious plans to reduce greenhouse gas emissions in his city by 30 percent by 2030, including a controversial plan to introduce a traffic congestion charge in Manhattan.

"This is our blueprint - or should I say greenprint - for making the Big Apple truly the Green Apple," Bloomberg had told his guests from around the world.

Bloomberg warned that unless New York authorities act aggressively, carbon dioxide emissions are expected to increase up to 30 percent above current levels by 2030.


'"/>




Related medicine news :

1. The World Bank funds private Hospital in India
2. Exclusive breast-feeding advised for six months in infants recommends World Health Organization
3. Ajanta Launches Worlds First Once-A-Day Nimesulide Oral Formulation
4. World Health Organisation Takes a Historic Decision and Approves Treaty to Discourage Smoking
5. World Health Organisation Takes a Historic Decision and Approves Treaty to Discourage Smoking
6. World Health Organisation Takes a Historic Decision and Approves Treaty to Discourage Smoking
7. World SARS-free within weeks
8. Worlds oldest turns 116 in Japan
9. Does Success in School Differ From the Real World Success ?
10. Benefits Of The Worlds Most Widely Used Beverage
11. Chennai Plays Hosts To The Diabetes World Congress
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:10/13/2017)... LUIS OBISPO, Calif. (PRWEB) , ... October 13, 2017 , ... ... Alzheimer’s or dementia. However, many long-term care insurance companies have a waiver for care ... is the 90-day elimination period, when the family pays for care, is often waived, ...
(Date:10/13/2017)... New York, NY (PRWEB) , ... October 13, 2017 , ... ... most influential people in business to advocate for action towards gender equality at their ... 18,000 views from around the globe, and reached a social audience of over 3 ...
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and ... explains one of the most popular and least understood books in the Holy Scriptures, ... puzzling descriptions that have baffled scholars for centuries. Many have tossed it off as ...
(Date:10/13/2017)... ... October 13, 2017 , ... Coveros, a leader ... been awarded a contract by the Center for Medicare and Medicaid Services (CMS). ... the enterprise use of Agile methodologies in a consistent and high value manner ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: the ... “America On The Brink” is the creation of published author, William Nowers. Captain ... As a WWII veteran, he spent thirty years in the Navy. Following his ...
Breaking Medicine News(10 mins):
(Date:9/12/2017)... PARIS and NEW YORK , Sept. 12, ... ethical performance ratings for global supply chains, has published the first annual ... the CSR performance of more than 20,400 companies evaluated by EcoVadis, based ... years 2015 and 2016. ... EcoVadis Global CSR Risk & Performance Index ...
(Date:9/12/2017)... SAN FRANCISCO , Sept. 12, 2017 /PRNewswire/ ... Lifecycle Management Solutions (VLMS), is pleased to announce ... as a member of its Board of Directors ... 2017. ValGenesis VLMS enables life science companies to ... eliminate the use of paper in this process. ...
(Date:9/9/2017)... 8, 2017 Dealmed Medical Supplies, ... medical equipment, supplies, drugs, vaccines, and specialty medical products ... an agreement to acquire Vantage Medical Supplies, a major ... Holtsville, New York . ... and emerging medical practices, will operate under the Dealmed ...
Breaking Medicine Technology: