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Climate Action 2014-2015

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SUPPORTERS<br />

THANKS TO OUR<br />

SUPPORTERS<br />

82 24<br />

C40 CITIES CLIMATE LEADERSHIP GROUP<br />

The C40 Cities <strong>Climate</strong> Leadership Group (C40) is a<br />

network of large and engaged cities from around the world<br />

committed to implementing meaningful and sustainable<br />

climate-related actions locally that will help address climate<br />

change globally. C40 was established in 2005 and expanded<br />

via a partnership in 2006 with President William J. Clinton’s<br />

<strong>Climate</strong> Initiative (CCI). The current chair of the C40 is Rio<br />

de Janeiro's Mayor Eduardo Paes; the 108th Mayor of New<br />

York City Michael R. Bloomberg serves as President of the<br />

Board. Eduardo Paes, Chair of the C40 Cities, highlights how<br />

cities are leading the fight against climate change on page 82.<br />

www.c40.org<br />

GREEN CLIMATE FUND<br />

The Green <strong>Climate</strong> Fund is a new multilateral fund that<br />

was established by Parties attending the 2010 UNFCCC<br />

Conference in Cancun, Mexico. The Fund is designed as an<br />

operating entity of the Convention’s financial mechanism.<br />

The Fund’s purpose is to promote the paradigm shift towards<br />

low-emission and climate-resilient development pathways<br />

by providing support to developing countries to help limit<br />

or reduce their greenhouse gas emissions and to adapt<br />

to the unavoidable impacts of climate change. Ms Héla<br />

Cheikhrouhou, Executive Director of the fund, addresses the<br />

key topics in the climate finance arena on page 24.<br />

www.news.gcfund.org<br />

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