Aims to inspire action by other national governments ahead of critical COP26 summit in Glasgow
LONDON (March 17, 2021) — A new report from the Coalition for Urban Transitions finds that in order to accelerate COVID-19 recovery, achieve shared prosperity, and drive climate action, national governments
must invest in cities to significantly accelerate decarbonisation and enhance resilience.
Recognising that developing and emerging economies face particularly complex challenges exacerbated by the pandemic,
China, India, Indonesia, Brazil, Mexico, and
South Africa. These countries represent about 1/3 of global GDP, 42% of the world’s urban population, and 41% of global fossil fuel emissions. The report finds that the six countries could collectively cut emissions by up to 96% from key urban sectors (buildings, transport, materials use, and waste) by 2050, lead to $12 trillion in economic returns based on cost savings alone and deliver millions of new jobs.