11 cities kick off climate budgeting pilot

A new collaborative project aims to help global cities reduce their carbon emissions by managing and reporting on climate measures as rigorously as financial spending.

C40’s Climate Budget Pilot is led by the City of Oslo, which was one of the first cities in the world to introduce climate budgeting in 2017. Other participating cities are Barcelona, Berlin, Los Angeles, Milan, Montreal, Mumbai, Stockholm, Paris, Rio de Janeiro and Tshwane.

Climate budgeting, which is not the same as carbon budgeting (a statutory cap on total greenhouse gas emissions over a time period), is a governance tool that integrates climate considerations into all city decisions across departments. It outlines t...