Marvin Rees says he will be seeking investment for climate projects at the COP27 conference.
Last year, COP26 was held in Glasgow, and this yearMr Rees said on Tuesday the conference was increasingly about finding investors to help pay for climate projects, like district heat networks or underground metro systems, according to the"For the world's cities at the moment, particularly off the back of COP26, COP is the place where cities are going to connect with the finance they need to go on that journey of decarbonisation.
The prime minister reversed an earlier decision not to go to the COP27 climate summit in Egypt and will now attendIt will see world leaders attempt to agree global policies on cutting greenhouse gas emissions. They are attempting to raise investment for carbon-cutting projects through a newly-formed group called the Cities Commission for Climate Investment, or 3Ci for short.
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