European Bank for Reconstruction, Development Convenes Conference of Green Cities Today

The European Bank for Reconstruction and Development ( EBCD) holds its second annual meeting for green cities today, Tuesday via video technology.

Heads of municipalities, experts of private sectors, and thinkers are going to discuss the roles played by cities and the private sector to face the challenge of climate change across the world.

The EBCD said that the conference held as the World Decisive Summit for Climate will meet next November and a percentage of the world's population reside in cities grows every year.

Experts from all parts of the planet meet this week to discover how cities work and how to handle the emergency state related to climate change to cross to less-emission of carbon dioxide (CO2) future.

It is scheduled that Dr. Fatih Byrol, CEO of the International Energy Agency (IEA) will deliver the keynote speech during the conference.

The IEA issued last month a wide-appreciated roadmap to remove carbon from the energy sector by 2050.

Cities pose the main chance to face climate change as they emit three–quarters of gases of the global heating.

Experts affirm that improving investment in the infrastructure of cities is the best method to achieve targets of the Paris Agreement on climate change of 2015.

The agreement aims at reducing temperature degrees fed by gases of global heating by 2 Celsius degrees.

It is worth noting that Green Cities' program was launched in 2016 to help cities-members to adopt solutions suitable for their environmental needs through a unique group of planning, technical measurements that enable cities' residents to enjoy a future with lesser-emitted carbon and better living standards.

The fast-growing program proved popular throughout the last five years since its inception.

Now it gets three billion euros from the EBCD and other donors along with groups that comprise 49 cities.

The program is the main factor in climate activities in the EBCD which is a pioneer in funding the leading projects in the climate sector.

The EBCD intends to make the green most of its investment by 2050.