It’s Wednesday, October 14, and London’s Square Mile is squaring off against carbon emissions.
The City of London — the neighborhood that includes the U.K. capital’s financial district and historic sites like St. Paul’s Cathedral — has pledged to invest $88 million to zero out its carbon emissions by 2040.
The City’s new climate action plan, released last week, would require the financial district to eliminate all 1.7 million tons (1.6 million metric tons) of its carbon dioxide emissions in the next 20 years. (Though the neighborhood occupies just a single square mile, it actually has its own local government authority, the City of London Corporation, and its own mayor, the “Lord Mayor of the City of London.”)
According to the local government, the City will devote more street space to walking and cycling and increase green roof area by 50 percent. Most notably, the City has announced that it will not use offsets to help meet its goals, instead focusing on actually eliminating all carbon emissions at their source.
“Together we will build a greener City where we all play our part,” said Catherine McGuinness, policy chair of the City of London Corporation, in a statement.
The Smog
Need-to-know basis
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