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Cities will be key to a low carbon, resilient global economy able to address and adapt to climate change. Many are emerging as leaders cutting emissions and greening infrastructure. Photo ©Pline

The first round of funding for the C40 Cities Finance Facility was announced at the C40 Forum held today in Paris alongside the COP21 climate negotiations. The initial $5.7 million is expected to ultimately reach as much as $20 million in technical assistance for cities, unlocking up to $1 billion worth of green projects worldwide within four years.

Read C40 press release

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