The EU Covenant of Mayors is the world's largest movement for local climate action and energy transition, bringing together more than 9,200 local and regional authorities across the Europe, determined to take action to help meeting the EU climate and energy objectives.
On 22 February the Covenant will celebrate its 10th anniversary in a ceremony at the European Parliament in Brussels. Covenant members will be joined by Commission Vice-President for the Energy Union Maroš Šefčovič and Commissioners Miguel Arias Cañete (Climate Action, Energy) and Carlos Moedas (Research, Science and Innovation).
This will be an opportunity to reflect on the success of this movement over the past 10 years and to look ahead to the future. It is expected that mayors and cities will pledge their 2030 objectives for greenhouse gas emissions reductions and present solutions to climate change adaptation. They will showcase ways to create jobs, foster investment while improving the health and the quality of life of citizens. The event will also highlight the central role of the cities in meeting the objectives agreed in the Paris Agreement on climate change.
At the ceremony, Commissioner Moedas will open the 2018 European Capital of Innovation contest (also known as iCapital) – a €1 million prize to reward the cities and mayors who have built the most dynamic innovation ecosystems, for the benefit of European citizens and businesses.
On 21 February, the Covenant of Mayors Investment Forum and Energy Efficiency Finance Market Place will also take place in Brussels. This will be an opportunity to address the key success factors for financing clean urban transport, building renovation and energy efficiency at the operational level. Participants will share their experience of the development of bankable investment pipelines that could be replicated elsewhere. Stands will also showcase successful projects and resources available to support project promoters.