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What is Gwangju Initiative?


writer admin date11-07-05 10:51 hit : 2,077


☞ Announcement of initiative will enable host city mayor to gain sympathy from other participating mayors by addressing this Summit's mission, goals and objectives and to secure rights to speak about environmental agenda in the future. On the occasion of 2011, Gwangju Initiative will be announced to address policies and model cases of Urban CDM, the core agenda of this Summit.


Gwangju Initiative mainly covers:

    Operating emission monitoring and reporting system among cities to tackle climate change by establishing low-carbon city networks;

    Verifying the feasibility and practicality of Urban CDM through pilot tests;

    Establishing information center to share best practices (Gwangju carbon bank, green action programs, etc.) among cities;

    And, in the long run, development of Urban CDM as an urban carbon finance incentive system to reduce greenhouse gas emission.