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Global Climate Action  

At the twenty-first session of the Conference of the Parties (COP 21) in Paris, it was agreed that mobilizing stronger and more ambitious climate action by all Parties and non-Party stakeholders is urgently required if the goals of the Paris Agreement are to be achieved.

In decision 1/CP.21, the commitments from all actors are recognized, including those launched through the Lima–Paris Action Agenda, as well as the urgent need to scale up the global response to climate change and support greater ambition from governments.

At COP 22 in Marrakech, a High-Level Event on Accelerating Climate Action was held to highlight outcomes from the Action Events throughout the conference and culminated with the launching of the Marrakech Partnership for Global Climate Action; a new framework to catalyse and support climate action.

NAZCA Tracking Climate Action

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12

Bank of America

United States of America

COOPERATIVE ACTIONS (2)

Cities Climate Finance Leadership Alliance

Catalyze and accelerate additional capital flows to cities, maximize investment in low-carbon and climate-resilient infrastructure, and close the investment gap in urban areas by 2030

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Resilience

Private finance

RE100

Procure 100% of electricity from renewable sources

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Renewable energy

INDIVIDUAL ACTIONS (10)

Reduce emissions from operations by 15% by 2015 through energy efficiency

Energy access & efficiency

Emissions reduction

USD 1.1bn green bonds issued for projects in renewable energy and energy efficiency in United States of America

Energy access & efficiency

Renewable energy

Private finance

Reduce withdrawal of water sourced from municipal supply by 20% from 2010 to 2015

Resilience

Achieve carbon neutrality of operational CO2e emissions by 2020

Emissions reduction

Reduce operational CO2e emissions by 50% from 2010 to 2020 through increased energy efficiency

Energy access & efficiency

Emissions reduction

Supply 100% of total electricity consumption from renewables by 2020 from 1% in 2010

Renewable energy

Maintain carbon neutrality of operational CO2e emissions through 2040

Emissions reduction

Invest USD 125bn by 2025 to advance low-carbon economic solutions through lending, investing, and facilitating capital

Private finance

Invest USD 1bn to support their Catalytic Finance Initiative to increase the flow of capital to high-impact clean energy investment

Renewable energy

Private finance

Reduce credit exposure to the coal mining sector starting in 2015 to support carbon capture and storage technologies, help mining companies diversify their fuel sources, and promote the transition to a low-carbon economy

Private finance