The Global Covenant of Mayors for Climate & Energy (GCoM) has launched a new Business Task Force to connect cities with private investors and technology companies, as part of efforts to overcome barriers preventing climate innovations from progressing beyond pilot projects.
Announced at Smart City Expo World Congress in Barcelona, the initiative will bring together municipal leaders, investors and industry representatives to identify investment opportunities, align climate projects with private-sector priorities and help cities bring new technologies to market.
It forms part of a wider initiative that includes 50 cities representing more than 160 million people across 27 countries.