The Mexico City Pact
The Global Cities Covenant on Climate, “the Mexico City Pact” consists of two parts: the first mentions considerations as to why cities are strategic in combating global warming: the second establishes a set of voluntary commitments to promote strategies and actions aimed at mitigating GHG emissions and adapting cities to the impacts of climate change.
To establish and follow up on cities’ commitments, the signatories will establish their climate actions in carbonn Cities Climate Registry (CCCR) powered by Bonn Center for Local Climate Action and Reporting (carbonn). The Registry has two sections:
- Section 1, is for cities that wish to undertake mitigation and climate change adaptation measures and that by signing pledge to take the first steps, such as preparing their emissions inventory, designing and executing a Climate Action Plan, or promoting local laws that favour GHG reduction, among other measures.
- Section 2, is for cities that already have climate actions in place that are measurable, reportable and verifiable (MRV).
The CCCR will be available online as of October, 2010 so that authorities in cities attending the WMSC can become familiar with it, and can prepare to sign the Mexico City Pact. The initial registry will be open to cities as of November 22, 2010.
The CCCR will provide cities with a sound and transparent instrument for establishing links and negotiations with multilateral, regional, sub-regional and national financing agencies, by having a common methodology supported by scientific and technical criteria that validates their climate actions.
Finally, by signing the Mexico City Pact, the signatories agree to jointly cooperate with the aim of increasing direct access to international climate funding for cities. To explore and to facilitate this process, a Workshop will be hosted by the World Bank in late September 2010 in Washington, D.C. in order to arrive at the WMSC (CCLIMA) with specific proposals.