Covenant of Mayors Webinar Series: Private capital to support climate action
The Covenant of Mayors is accompanying its signatories and their supporters and their coordinators in the adaptation process, as they are working across Europe to develop ambitious actions and SECAPs. These series of webinars are designed to help signatories identify and exploit different sources of financing to deliver actions from their cities’ SECAP, and looking at the role that the private sector can play. The following webinar will focus on innovative finance for cities in transition, especially the bonds. Private capital can support climate action in diverse ways, and bonds are a tool that cities and municipalities can use to finance their transition. Bonds can be seen as an innovative way to fund the climate and energy transition of local and regional governments. By ensuring the inclusion of private actors in the transition process, cities can gain access to new opportunities. This inclusion is also a way to ensure private actors can comprehend the full circle of needs and realities of cities and municipalities.