APEX Green Cities

Investing in a Brighter, Sustainable Future! 🌏 In 🇮🇳, green bonds are paving the way for clean energy solutions & meeting surging energy demands. Learn from IFC - International Finance Corporation’s Anshika Agarwal how they can drive efficiency in e-mobility, MSMEs, & EECGs, empowering businesses to go green. 🎥

We are delighted to share news of the successful delivery of the first APEX Green Cities Training in Latin America and the Caribbean (LAC) on November 18-19, 2024. Hosted in partnership with IFC - International Finance Corporation’s LAC Upstream Infrastructure team, this training built on IFC’s 2022 signing of an Engagement Letter with the Metropolitan Area of the Aburrá Valley to support Medellín, Colombia in preparing an assessment of low-carbon investment opportunities within the Climate Action Plan (CAP) for Medellín. Launched in May 2023, the resulting Climate Investment Opportunities Diagnostic (CIOD) leverages the APEX Green Cities app. The two-day training brought together 19 public sector representatives from Medellín, providing them with hands-on experience and knowledge to integrate APEX into projects in mobility, urban planning, waste, and finance sectors. Key Highlights of the Training: ✅ An overview of APEX Green Cities and its methodology ✅ Insights into Medellín’s CIOD ✅ Interactive case studies and baseline data exercises ✅ Certification of attendance for participants The program was a success, with 100% of survey respondents reporting enhanced skills and a positive experience, with all obtaining a certification of attendance signed by the APEX team. This marks a step forward in empowering Medellín’s efforts to transition toward a sustainable, low-carbon future. Special thanks to the Secretariat of Environment of Medellin (Ana Ligia Mora Martinez, Carlos Alberto Velasquez and Juan Esteban Monsalve ), and Miguel Betancur from Medellín's International Cooperation Office for their invaluable support and commitment to this initiative. #APEXMedellinCIOD #APEXMedellinCityPartnership #APEXgreencities #APEXCIOD #lowcarboncities #climatesmartcities #sustainablecities #greencities #greenfinance #sustainablefinance #climateinvestment #climatefinance Alcaldía de Medellín Lorraine Sugar, Adriana Díaz Robles, Ursula Blotte, Sahlla Abbasi, M.Eng, PMP, Cristina Cano Sokoloff

🏙️ Cities are the engines of growth and innovation, and with smart investments, they can lead the way to a sustainable, resilient future. 🌏 India will need an investment of $840 billion 💰 over the next 15 years in urban infrastructure to effectively meet the needs of its expanding urban population 📈, according to a World Bank report.   To bridge this demand, IFC - International Finance Corporation is partnering with the Ministry of Housing and Urban Affairs (MoHUA), Government of India, and the Capacity Building Commission (CBC), to support the sustainable development of India’s cities 🏢. Together, we will:   ✔️ Help mobilize commercial financing 💳 ✔️Scale sustainable urban infrastructure projects 🌱 ✔️Connect cities with capital markets 💹 ✔️Build capacity to facilitate infrastructure implementation 🛠 ✔️Diversify their sources of financing 🔄 ✔️ Improve public service delivery 🚶💼          Our partnership aims to enhance public service delivery and bolster essential #infrastructure ⚙️ through direct engagement with subnational governments 🏛️, their entities, and private-sector solution providers 💡 #DYK? 🤔 IFC, through its Cities Initiative, helps municipal authorities raise commercial capital 💳 for urban infrastructure projects and build sustainable cities 🌆 🔗 http://wrld.bg/Vq2T50Uoez3   Imad N. Fakhoury, Wendy Werner, CFA, Roshika Singh, Mission Karmayogi MoHUA, Karmayogi Bharat, The Ministry of Economy and Finance of the Republic of Korea

Sustainable transport plays a crucial role in achieving sustainable development. The IFC E-Bus Toolkit 🚌 offers cities and stakeholders a systematic approach to develop greener urban mass transit...from idea to implementation.    Learn more: www.ifc.org/ebuses       #IFCTransportation #IFCInfrastructure #WorldSustainableTransportDay

Over the past five years, a significant portion of IFC - International Finance Corporation's subnational investments has supported climate finance projects Through IFC - International Finance Corporation Cities, we provide integrated financing and advisory solutions to develop long-term partnerships with subnational governments to address climate and urban infrastructure challenges.     Learn more about how IFC supports cities in multiple areas, including urban transport, water and waste management, street lighting, and climate resilience: www.ifc.org/cities      #WorldCitiesDay #IFCCities #SustainableCities

Check out this opportunity at IFC - International Finance Corporation, The World Bank. If you have experience working with Cebu and Philippine cities on climate action planning and urban development, please apply.

We are proud to share news of the Bangkok Climate Investment Opportunities Diagnostic (CIOD) launch, which was developed by the Bangkok Metropolitan Administration in partnership with the The World Bank and IFC - International Finance Corporation. The CIOD highlights key investments to achieve Bangkok's ambitious targets toward a #GreenerBangkok. It is expected that these investment approaches will help Bangkok reach its 2030 GHG targets, which will provide a solid foundation for its net-zero vision in 2050. To learn more about the Bangkok CIOD launch, visit: https://lnkd.in/gB7dQg4R Jane Yuan Xu, Melinda Good, Kwanpadh Suddhi-Dhamakit, Pichaya Moeller, Kelvin Tagnipez Jamie Fergusson, Diep Nguyen-van Houtte, Prashant Kapoor, Lorraine Sugar, Rachanee Chanawatr, Steven Rubinyi

Bangkok is the newest member of the Breathe Cities initiative, striving to reduce air pollution 30% by 2030! As part of Breathe Cities, Bangkok will receive support with gathering #AirQuality data, capacity-building and community engagement, and join an international network of city leaders to share knowledge. The support from Bloomberg Philanthropies, Clean Air Fund, and C40 Cities will help build on the city’s existing efforts to improve air quality. Learn more 🔽 https://bit.ly/3zcvGwG

#WorldCitiesDay, #HappyCitiesDay #CitiesDay, #UrbanOctober, #sustainableurbanfuture, #Cities Financial institutions seeking to diversify, grow and green their portfolios need look no further than investing in the greening of their local cities. In emerging markets, the demand for green, resilient and sustainable infrastructure projects stands to attract USD 7.6 trillion by 2030. Through the innovative adaptation of existing finance mechanisms, commercial banks can leverage this significant market opportunity, getting in ahead of the curve to capture a large share of the green city market. In this article, Prashant Kapoor and Elleanor Robins offer 3 motivations for banks to invest with confidence in green cities. https://lnkd.in/g8NB8cNR Lorraine Sugar, Sandeep Singh, Sahlla Abbasi, M.Eng, PMP, Kelvin Tagnipez, Diep Nguyen-van Houtte, Jamie Fergusson, Sumeet Thakur, Upasana Varma IFC - International Finance Corporation IFC Infrastructure IFC Financial Institutions IFC Public-Private Partnerships IFC Climate & Sustainability #greencities #lowcarbonfuture #climatesmartcities #sustainablecities #APEXcities #greenfinance #sustainablefinance #climateinvestments

We are excited to announce an important milestone in our collaboration with Greater Chennai Corporation (GCC)! During the visit in October, IFC - International Finance Corporation presented the Chennai Climate Investment Opportunities Diagnostic (CIOD) to officials and stakeholders. We also discussed financing options to enable GCC to achieve its climate action goals in the coming years. A series of workshops were organized, chaired by Kumaragurubaran Jayabalan, I.A.S., Greater Chennai Corporation Commissioner, V. Sivakrishnamurthy, I.A.S., Deputy Commissioner for GCC (Works), and M. Birathiviraj, I.A.S., Deputy Commissioner for GCC (Revenue and Finance), to discuss the implementation of priority measures from the Chennai Climate Action Plan (CCAP) supported by C40 Cities.  These sessions brought together stakeholders from GCC, CMWSSB, MTC, Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC), StartupTN, TNGECL, and TANGEDCO to analyze climate measures in terms of GHG savings, indicative costs, and innovative financing models to accelerate much-needed climate resilience and net-zero ambitions.  An initial assessment using the APEX Green Cities tool indicates a significant cost to implement the proposed climate actions, with more than half of these investments in green buildings, solar energy, and the electric vehicle transition coming from the private sector.  As the Greater Chennai Corporation Commissioner Kumaragurubaran Jayabalan, IAS put it, “This is the time to shift from conventional thinking, where municipal energy and resources are primarily focused on to tackle issues during Chennai’s monsoon and flood seasons. Instead, now the Corporation is focusing on sustainable, long-term investments to meet the needs of our citizens, leveraging private investments where possible. The green investment pipeline, developed by IFC using the APEX tool, is a significant step in that direction. We are grateful for IFC's support in helping us define climate projects and innovative financing mechanisms. We look forward to advancing the recommended projects and financing options with the cabinet.”  IFC Asia Pacific IFC Climate & Sustainability Aneesh Sekhar, Vishu Mahajan, Alby John, Christy Leema Rose Mary, Satish Sangu, Sai Ranganathan, Dinesh K Sundaravelu, Radhakrishnan Jagannathan, Shruti Narayan, Sabareesh Suresh, Benjamin Mathews John Prashant Kapoor, Faiza Gani, Lorraine Sugar, Kelvin Tagnipez, Diep Nguyen-van Houtte, Jamie Fergusson Vikram Kumar, Wendy Werner, CFA, Neeraj Gupta, Mohit Ganeriwala, Autif Sayyed, Srijan Kaushik, Manuela V de Souza, Sumeet Thakur, Upasana Varma