BBL organized by the Urban Anchor, the Carbon Finance Unit and the World Bank Institute

An Urban CDM Approach for Carbon Finance: Agreements at the 2011 Gwangju Summit of the Urban Environmental Accords (UEA)
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Tuesday, December 6, 2011 12:30 - 2:00 pm Room MC C2-131

World Bank Headquarters, Washington, DC

World Bank staff, please click if you would like to attend.

Chair Abha Joshi-Ghani

Sector Manager, Urban Development and Local Government Anchor Finance, Economic and Urban Development Department

For more information, please contact Fernando

Armendaris.

Speaker Professor Kwi-gon Kim

Urban Environmental Planner, Chief Commissioner of the 2011 Gwangju Summit of UEA, and Emeritus Professor at Seoul National University

Introduction/discussants
Monali Ranade, Senior Environmental Specialist, WBICC Alexandrina Platonova-Oquab, Carbon Finance Specialist, ENVCF Marcus Lee, Urban Economist, FEUUR
69% of energy generated is currently consumed in cities, and as much as 80% of global greenhouse gas emissions are attributable to the residents of cities all over the world. To mitigate climate change, how can the issue of growing GHG emissions be addressed? What is the role that cities can play in this effort? What options will be available to facilitate the reduction of GHG emissions in cities? There are no straightforward answers to these questions in the complex environment of cities. The Urban CDM (Clean Development Mechanism) approach, proposed during the 2011 Summit of UEA, may provide a valuable direction of how the CDM could reduce the financial burden of GHG mitigation when conducted strategically through city-related planned policies, technologies and governance. This BBL explores the results of an Urban CDM feasibility study, which was discussed and agreed at the 2011 UEA Gwangju Summit co-hosted by Gwangju City and UNEP. The Urban CDM could be structured in two main ways: through Multiple CDM PoA and Single CDM PoA.

About the speaker:

Professor Kim, Kwi-gon is an environmental ecologist actively involved in the center of environmental issues where environmental problems have become global issues and green growth a vision of nations. He received his Ph. D. in Planning Studies at the Bartlett School of Architecture and Planning, UCL, University of London. His current field of study is planning and creation of low-carbon Ecopolis, an ideal city where human beings and nature coexist. He taught at Seoul National University from 1978 to 2010. He is an Emeritus Professor of the university and Chairman of the 2011 UEA Gwangju Summit. He is also a director of UN-HABITAT Gangwon Province International Urban Training Center. He has played a critical role in improving Korea's environment, and has received two awards by the Korean Government for his dedication.

External participants must request a Visitor's Pass. Please contact Fernando Armendaris.