Today, we’re excited to announce the release of the new Climate Mayors, C40, and Urban Sustainability Directors Network paper: Maximizing the Impact of Federal Climate Investments: The Unique Role of Cities. City governments are uniquely positioned to drive progress on climate action because they are the most directly connected to residents, and are nimble enough to innovate and test solutions that can scale. This new paper details how cities are key to meeting climate targets and the additional support needed to optimize the unprecedented opportunity provided through federal funding from the Bipartisan Infrastructure Law and the Inflation Reduction Act.
There is a unique opportunity for local governments to collaborate on implementation, but there are considerable challenges to realizing the potential of BIL and IRA funding. However, other actors – the federal government, states and state agencies, the philanthropic community, and climate advocates – have the chance to take action to empower cities to unleash the full potential of federal funding.
The paper was developed by C40 Cities, Climate Mayors, and the Urban Sustainability Directors Network as part of their partnership to support cities to access and implement funding made available through the Inflation Reduction Act and Bipartisan Infrastructure Law in order to advance ambitious climate action. Together, we will ensure that cities are ready to meet the moment.
Read the paper in its entirety HERE.