Enabling Net Zero Investment

DATE: 11 November, 2021

LOCATION: Hybrid event

START TIME: 4:00 pm END TIME: 5:30 pm

This was a hybrid event that took place on on Thursday 11th November at Strathclyde University, Technology Innovation Centre, or online for the UK Cities Climate Investment Commission series of events

The Net Zero agenda will require significant up-front investment to transition our existing carbon intensive system, such as how we heat our homes and how we travel, to a lower carbon alternative. The UK Cities Climate Investment Commission (UK CCIC), a partnership between Connected Places Catapult, Core Cities and London Councils, adopts a novel approach to addressing the challenge of financing Net Zero in major cities across the UK. 

On the Cities, Regions and Built Environment Day at COP26, the UKCCIC presents its findings on the up-front investment needed to address the Core Cities’ & London Councils’ Net Zero pledges. Through new research delivered by the Commission, we estimate that approximately £200 billion (in a range of £125bn-£416bn) must be invested to achieve Net Zero across London and UK Core Cities. This is beyond the financing capacity of the public sector alone.  

This event will bring together city leaders and government representatives alongside the investment sector to discuss the opportunities and limitations for private finance to play a leading role in financing Net Zero infrastructure across commercial real-estate, domestic housing, transport, renewable electricity generation, waste management and other green infrastructure.  

Who Should Attend:  

  • Local Authorities and City Leaders  
  • Banks and other Financial Institutions 
  • Investment funds & companies interested in decarbonisation  
  • Central and Regional Government  
  • Large and small businesses, particularly operating in the real estate utilities, transport and low carbon technologies 
  • International organisations active on climate change and sustainable development 
  • Community organisations and NGOs who are interested in supporting borough action on the green recovery 
  • Media organisations. 

Join us in person at Strathclyde University, Technology Innovation Centre, 7th Floor, Directors Suite, 99 George Street, Glasgow, G1 1RD. or watch via a live stream our virtual Event Platform


  • Connected Places Catapult  
  • Core Cities  
  • London Councils  


Prof Greg Clark CBE



Cllr Nick Forbes CBE

Leader of Newcastle City Council

Chair of Core Cities

Mayor Joanne Anderson

City of Liverpool

Mayor Philip Glanville

Executive Member for Transport and Environment

London Councils

Cllr James Lewis


Leeds City Council

Cllr Sally Longford

Deputy Leader

Nottingham City Council

William Peduto


City of Pittsburgh

Kate Forbes MSP

Cabinet Secretary

Finance and Economy

Steve Turner

Director Local Government

Connected Places Catapult


16:00 – 16:05

Chair’s Welcome: The practical implementation of net zero infrastructure

Although there is widespread acknowledgement of the scale of the challenge associated with achieving Net Zero across the UK’s cities, far less consideration has been given to how the necessary infrastructure will be practically financed. Investment is a crucial component of this delivery and has been identified by the UKCCIC as needing focussed attention in the run up to COP26. In addition, the collaboration within cities between public bodies, the private sector, and local communities will be important for successful delivery of Net Zero infrastructure within UK cities.

Prof Greg Clark CBE, Chair, UKCCIC

16:05 – 16:15


16:15 – 16:25

Keynote 1

Nick Forbes, Chair, Core Cities

16:25 – 17:05

Keynote Discussion

Mayor Joanne Anderson, City of Liverpool

Mayor Philip Glanville, Executive Member for Transport and Environment, London Councils

Cllr James Lewis, Leader of Leeds

Cllr Sally Longford, Deputy Leader of Nottingham

Moderator:  Steve Turner, Director Local Government, Connected Places Catapult

17:05 – 17:15

Keynote: An International Perspective on the Investment Case for Net Zero in Cities

William Peduto, Mayor, City of Pittsburgh

17:15 – 17:25

Closing Keynote

Kate Forbes MSP, Cabinet Secretary for Finance and Economy

17:25 – 17:30

Declaration Signing

17:30 – 17:35

Chair’s Closing Remarks & Next Steps

Prof Greg Clark CBE, Chair, UKCCIC

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