A net zero carbon future for cities
The World Economic Forum is convening stakeholders with a role to play for global cities to have a chance of reaching the net zero carbon goal for by 2030.
The European Bank for Reconstruction and Development (EBRD) was established in 1991 to meet the challenge of an extraordinary moment in Europe's history, the collapse of communism in its East. It invests mainly in private enterprises, usually together with commercial partners. It provides project financing for the financial sector and the real economy, both new ventures and investments in existing companies. The EBRD is owned by 65 countries and two intergovernmental institutions – the European Union and the European Investment Bank. It operates in 36 countries in Central and Eastern Europe, Caucasus, Central Asia, Mongolia, Turkey and Southern and Eastern Mediterranean.
The war in Ukraine has forced Europe to rethink its energy strategy. At this critical moment in the energy transition, how can we ensure emerging markets aren't left behind?
Making the green recovery a global phenomenon requires building on these successes of energy transition which needs a seismic shift in political focus and strategy.