[vc_section full_width=”stretch_row_content” content_placement=”middle” css=”.vc_custom_1566575432923{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;background-image: url(https://www.bettervest.com/wp-content/uploads/2019/08/Bildschirmfoto-2019-08-23-um-17.49.47.png?id=14629) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″][vc_empty_space height=”160″][vc_custom_heading text=”Strategic Partnership” font_container=”tag:h1|font_size:36|text_align:center|color:%23ffffff” google_fonts=”font_family:Fira%20Sans%3A300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal”][vc_empty_space height=”60″][vc_custom_heading text=”bettervest and ICLEI joined forces
to close the climate funding gap” font_container=”tag:h2|font_size:24|text_align:center|color:%23ffffff” google_fonts=”font_family:Fira%20Sans%3A300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal”][vc_empty_space height=”120″][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][/vc_section][vc_section full_width=”stretch_row_content” content_placement=”top” css=”.vc_custom_1534430696343{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row padding_bottom=”0″][vc_column width=”1/4″][/vc_column][vc_column width=”1/4″ pl=”30″ pr=”30″][nz_gap height=”50″][nz_single_image img_size=”medium” image=”14555″][/vc_column][vc_column width=”1/4″][nz_single_image img_size=”medium” image=”14557″][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][vc_row padding_left=”20″ padding_right=”20″ padding_top=”0″][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″ pl=”25″ pr=”25″][vc_column_text color=”#444444″]ICLEI – Local Governments for Sustainability is a global network of more than 1,750 local and regional governments committed to sustainable urban development. Active in over 100 countries, ICLEI influences sustainability policy and drives local action for low-emission, nature-based, equitable, resilient and circular development. The network’s Transformative Actions Program (TAP) acts as an incubator for local climate projects of local and regional governments.[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][/vc_section][vc_section full_width=”stretch_row” content_placement=”top” css=”.vc_custom_1566574745972{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f9f9f9 !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row padding_top=”0″ padding_bottom=”10″][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][nz_gap height=”50″][vc_column_text color=”#444444″]

Background

[/vc_column_text][nz_gap][vc_column_text color=”#444444″]With climate change as pressing challenge, cities are in the remarkable position of having the leveraging power to mitigate this development. The transformative strength of green urban development can lead our century into a clean and sustainable future.[/vc_column_text][nz_gap][vc_column_text color=”#444444″]Vast potential lies in urban climate action, but still climate finance is difficult to obtain. There is a huge gap between the demand for climate investment and actual climate investments in urban development. While the International Finance Corporation estimates that while there is about $22.3 trillion (IFC 2016) in “climate-smart investment potential” worldwide, the global management firm McKinsey reports that only $3 trillion has actually being invested (2018).[/vc_column_text][nz_gap][vc_column_text color=”#444444″]ICLEI and bettervest joined forces in June 2019 to help close this gap, promote the global energy transition and ensure a livable future.[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row padding_top=”0″][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″][vc_single_image image=”14665″ img_size=”large” alignment=”center”][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text color=”#444444″]

Objective of the Cooperation

[/vc_column_text][nz_gap][vc_column_text color=”#444444″]The strategic partnership aims to leverage the potential of private climate finance to facilitate climate action at the regional and local level.[/vc_column_text][nz_gap][vc_column_text color=”#444444″]Global goals form the backbone of climate change mitigation, with climate action primarily orchestrated on a national scale. However, we believe that not only national but also regional and local governments play an instrumental role in combatting climate change. By tapping into the private finance sector, the potential of effective local and regional mitigation can be unlocked.[/vc_column_text][nz_gap][vc_column_text color=”#444444″]Pairing bettervest´s innovative crowdinvesting approach with the Transformative Actions Program (TAP) accomplishes just that. The TAP supports local and regional governments in turning climate action proposals into low-risk, high-feasibility, high-impact projects. Once projects have been clearly defined and planned, bettervest steps in to provide expertise on bankability and as a source of funding.[/vc_column_text][nz_gap][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][/vc_section][vc_section full_width=”stretch_row” content_placement=”top” css=”.vc_custom_1566900369550{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f9f9f9 !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row padding_left=”20″ padding_right=”20″][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][nz_gap][vc_column_text color=”#444444″]

Sustainable Development Goals

[/vc_column_text][nz_gap][vc_column_text color=”#444444″]The work put into this strategic partnership is ultimately guided by a single mission: to promote sustainable and climate-resilient development in order to build a future worth living.[/vc_column_text][nz_gap height=”50″][vc_media_grid grid_id=”vc_gid:1568026855207-5da7587b-26e4-5″ include=”14580,14578,14582″][nz_gap][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][/vc_section][vc_section full_width=”stretch_row_content” content_placement=”middle” css=”.vc_custom_1566575636214{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;background-image: url(https://www.bettervest.com/wp-content/uploads/2019/08/Bildschirmfoto-2019-08-23-um-17.52.57.png?id=14634) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″ text_align=”center”][vc_empty_space height=”120″][vc_custom_heading text=”Learn more about how ICLEI is transforming cities of tomorrow!” font_container=”tag:h2|font_size:36|text_align:center|color:%23ffffff|line_height:1″ google_fonts=”font_family:Fira%20Sans%3A300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal”][vc_empty_space height=”60″][nz_btn text=”visit ICLEI” link=”https://iclei.org/en/Home.html” target=”_blank” size=”large” shape=”rounded”][vc_empty_space height=”120″][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][/vc_section]