COP21: Schwarzenegger addresses the UN climate deal negotiators
Monday December 7, 2015. Gov. Arnold Schwarzenegger addressed the negotiators today at the UNFCCC Paris Climate Conference during a session on cities and regional climate action. Schwarzenegger, an ardent advocate for the empowerment of subnational governments in tackling climate change, emphasized the crucial role that cities and regions play in advancing the low-carbon economy.
"No matter what you (negotiators) do, do not forget the power of subnational governments. 70 percent of emissions can be controlled with state and local policies. Cities and states hold tremendous power and we must never forget it," said Mr. Schwarzenegger.
Recognizing subnational action in the climate deal will ensure that local governments are given the support they need to implement their climate change mitigation plans, and that national emissions targets are met. According to Scaling Up: Local to Global Climate Action, a new report released at COP21:
"Rajasthan's installed solar capacity is the largest among all the states in India, accounting for more than one-quarter of the country's total. If Rajasthan's rate of solar energy expansion were scaled to the national level, India's carbon dioxide emissions would decrease by approximately 19 percent of the nation's total carbon dioxide emissions in 2012."
Saturday 5 December, 2015. Paris. R20 has signed an agreement with the international consulting and engineering firm, Egis, a branch of the Caisse des Depots, to create a Pre-Investment Fund (PIF) for waste management projects. The Fund will support the different actors of sustainable waste management (national and local governments, industry and investors) in their decision-making processes necessary to implementing infrastructure projects.
The signing took place in the presence of Christophe Nuttall, Executive Director of R20; Terry Tammimen, Strategic Advisor to the R20; Pierre-René Lemas, CEO of Caisse des Dépôts; Nicolas Jachiet, CEO of Egis; and Craig Cogut, CEO of Pegasus Capital Advisors (a US-based private equity firm). In parallel with the COP 21 agreement, this partnership focuses on developing "Waste to Energy" projects in emerging countries. The pre-investment funds will enable Egis and R20 to bring to maturity the waste management market in emerging and developing countries. Read more.
Schwarzenegger talks climate communications at Sciences Po
Monday December 7, 2015. In a bold address to the faculty and students of Sciences Po, France's leading political science institute, Gov. Schwarzenegger called on climate communicators to shift awareness raising efforts away from spelling future doomsday scenarios, to present-day dangers that are affecting humanity now.
"We are wired through thousands of years of evolution to focus on the here and now on survival. Our over-use of fossil fuels impacts us right now. The fumes from dirty energy are killing us. We cannot accept 7 million premature deaths every year with a clear conscience.
We want to be cutting edge. We know that a green economy is a growing and smart economy. That's the story we have to tell," stated Mr Schwarzenegger.
R20 holds General Assembly meeting
Monday December 7, 2015. R20 held its Governing Board and General Assembly meetings at its new R20 Paris office in Champs Elysees. The meetings, presided by R20 President Michele Sabban, gathered over 30 R20 members and partners coming from regions around the world.
The Governing Board and General Assembly members unanimously re-elected Michele Sabban as President of R20.
R20 Executive Director Christophe Nuttall used these examples to demonstrate R20's successful business model over the past 3 years of bringing together decision makers, technical expertise, financial partners and investors, thereby enabling the deployment of projects on the ground. In particular, Dr. Nuttall highlighted R20's ability to leverage millions of dollars for investments in projects, first by using seed funding to build Pre-Investment Facilities, which in turn provide funding for project development, and then by attracting the appropriate investments to implement the projects. Over the next 5 years, R20 will harness its resources to scale up the projects through its Green Investment Accelerator Fund, that will deploy billions of US dollars in investments. Read more.
R20 signs agreement with Feilo for 1 billion LEDs
A new agreement was signed between Ms.Sabban and Ms. Linyu Wang, President of Hawaii LED LLC, representing Feilo Acoustics Ltd, to establish a R20 Pre-Investment Facility for the installation of one billion LED streetlights in hundreds of cities across the world.
R20 Regions of Climate Action | 48 Chemin du Grand Montfleury | Versoix | CA | 1290 | Switzerland
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