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News release


8 June 2007

City of London leads on climate change commitment

The City of London Corporation, which provides local government services for the Square Mile, has today (8 June) signed the Nottingham Declaration as a mark of its support of the Government’s leadership of efforts to tackle Climate Change at the G8 Summit.

The Nottingham Declaration is a voluntary commitment for local authorities to address the issues of climate change.

Michael Snyder, Chairman of the City of London’s Policy and Resources Committee, said: “It is the City’s flexibility and ability to respond to new challenges such as climate change that has contributed to London’s status as the world’s leading international financial and business centre.”

The City has been at the forefront of the fight against Climate Change for over a decade.

  • The City of London was the first UK Local Authority to develop a dedicated Climate Change Adaptation Strategy. Other world cities, including Moscow and New York, are now following its lead.
  • The City Corporation conducted the research that led to the establishment of the emissions trading market in the City.
  • In partnership with BP, Reuters and Zyen Consulting, the City of London is leading the London Accord, which is the world’s largest and most comprehensive investigation into the economics of solutions to climate change.
  • The City of London has been purchasing renewable energy since the mid-1990’s. All public buildings and street lighting in the Square Mile are powered by green electricity, and the City Corporation has cut its greenhouse gas emissions by 35% since 1997.
  • The City has been offsetting the carbon from all international travel by the Lord Mayor, elected Members and officers since 2001.  This has led to investment in energy saving projects in Mauritius and has provided fuel efficient stoves in South Africa. The carbon footprint of the annual Lord Mayors Show has also been offset for the last four years.
  • The City of London has recently established the “City Climate Pledge” which aims to encourage City firms to manage their Carbon Footprints.

Ends

Notes to editors

The City of London provides local government services for the Square Mile, the financial and commercial heart of Britain, and is committed to maintaining and enhancing the status of the business City as the world's leading international financial and business centre through its policies and services. Its responsibilities also extend far beyond the City boundaries and include management of the Barbican Centre, Central Criminal Court at the Old Bailey, 10,000 acres of open space including Hampstead Heath and Epping Forest, three wholesale food markets, as well as acting as the London Port Health Authority.

Press enquires to Michelle Poole at the City of London:  0207 332 3450


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