4 December 2015 – Proven innovative policies and mechanisms are unlocking investment for much-needed climate-smart infrastructure in cities, according to a new report launched today at Paris City Hall by United Nations Secretary-General Ban Ki-moon and international partners.

“Your efforts enable your citizens to reduce their carbon footprint, breathe cleaner air and live more healthy lives,” Mr. Ban told mayors and local leaders from all regions of the world during an event of the Climate Summit for Local Leaders, taking place on the margins of the UN climate change conference (COP21).

Celebrities attending the event included Leonardo DiCaprio, Robert Redford and Sean Penn, advocates for climate action who support UN efforts towards building a sustainable future.

Since the beginning of the week, governments have been meeting to adopt what is hoped will be an ambitious global climate change agreement to limit global temperature rise to below two degrees Celsius. The UN chief said mayors and local leaders “are essential to this effort.”

“You know, from the ground up, how important it is to translate words into action,” he told them. “Your example can inspire national governments to act more boldly.”

The UN chief is also underlining that the recommendations of The State of City Climate Finance can help unlock the capital needed to make major investments for climate action in cities: “We know these solutions can work – they just need to be scaled up. I urge governments, banks and the international community to act on these practical recommendations.”

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