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REVISED - C40 Cities Climate Leadership Group: Research on city finance structures and potential for decarbonisation

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United Kingdom
Non-Profit
RFP

THIS IS A REVISED VERSION OF AN RFP ISSUED IN FEBRUARY 2020.

Divesting from fossil fuels and increasing sustainable investments can form an important part of a city's comprehensive strategy towards addressing the global climate crisis. By taking Divest/Invest action, mayors around the world can demonstrate their strong climate leadership and signal their support for achieving the crucial 1.5C goal.

The objective of the research is to better understand the barriers to more cities joining the Divest/Invest movement and showing their clear support for a low-carbon transition by aligning their financial flows with the goals of the Paris Agreement. C40 particularly seeks to understand regional differences in the challenges cities may face in taking Divest/Invest action. Proposals will be accepted until 10th February, 10am GMT. Any proposals received after this date and time will not be accepted and will be returned to the sender. All proposals should include clear timetables, how they would work with C40, clear costs and detail on experience in this area.

The purpose of this research is to gain a deeper understanding of the barriers that cities may face in joining the Divest/Invest movement, e.g. is it down to lack of awareness or prioritisation, or insufficient capacity to act? C40 particularly seeks to gain a deeper understanding of the regional differences in the challenges cities may face in taking Divest/Invest action.

The research should focus on select cities in Latin America, Africa, and the East, Southeast Asia and Oceania region - bidders should provide evidence of appropriate language skills for the project. The analysis should primarily be conducted via desk-based research with some potential for follow up with cities and experts where required.

Please read the PDF in full for more details on the project purpose, description, and scope, plus RfP and project timelines; expected bidder qualifications; budget; and proposal evaluation criteria.

ABOUT THE C40 DIVEST/INVEST FORUM

In September 2018, C40 launched the Divest/Invest Forum to support cities and their pension funds in their ambitions to divest from fossil fuels and invest a greater share of their portfolios in low-carbon solutions. The lead cities for this Forum are London and New York, joined by twelve other cities from Europe, the US, the ESEAO region and Africa so far. The Forum is open to all cities, including non-C40 cities. It provides a space to allow cities to explore what Divest/Invest means, what options they can consider, discuss different approaches to overcoming the challenges/complexities of Divest/Invest, and consider ways cities can use their influence to engage with their pension funds.

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