Cities and Carbon Finance- CFCB and City Twinning

Rutu Dave, Climate Change SpecialistWBI Climate ChangeCologne Germany

City Twinning A city-level partnership on a specific activity between

a North and South cities sharing a similar vision towards the low-carbon and climate-resilient growth. More specifically, the partnership allows:

• (1) North cities to showcase their specific experience at an international stage; and

• (2) South cities to reflect their partner city’s experience in developing a specific carbon finance (climate change) action in their cities.

Objective of City Twinning • To build skills and share practical knowledge among

city managers and other relevant stakeholders in the design and implementation of carbon finance related activities.

• To assist in strengthening relevant city-level institutions to facilitate effective program implementation.

• To support development of mitigation projects in relevant sectors including energy, waste management, construction, water and air pollution control and transportation

CFCB Bottom-Up Top-Down Approach

CFCB as a bottom-up learning-by-doing approach:– Assisting with development of concrete Carbon Finance projects– Establishing a nucleus institutional body of capacity within the city

administration that can manage Carbon Finance together with a network of technical experts.

CFCB as a Top-down approach: – Involve and commit high-level policy makers in encouraging the

city to use Carbon Finance for city development

CFCB Project DevelopmentThe CFCB Program involves a 5-step process:

1. Initial meetings, mayor commitments, and signing of Letter of Intent (LOI)

2. Establishment of City Task Team (CTT)3. Project Development Workshop, site visits, and feasibility study4. Selection of Local Implementation partner (LIP)5. Project Implementation

Parties Involved: CFCB, City Hall, LIP, other stakeholders (Private

sector, financial sector, NGOs etc.)

CFCB Global Presence• The CFCB has signed LOIs with four cities in which projects are actively being

developed: Dar es Salaam, Jakarta, Quezon City, São Paolo

• Work is also being commenced on the CFCB City Group in South Africa and India

CFCB programme’score citiesAttended Kick-offconferenceNorthern partnercities

Project Examples and Potential

CFCB project examples• Jakarta, Indonesia

Waste Management• Quezon City, Philippines

Implementation of LED street lighting

• Dar es Salaam, TanzaniaBriquetting stoves and

transportation (tbc)• São Paulo, Brazil

Waste management in favelas

Public Transportation

CFCB

City Government

Local Stakeholders

LIP

Methane Capture

Building Efficiency

Waste Management

Composting

StreetlightingBriquetting

Stoves