The growing momentum behind 3Ci
The fight against climate change will be won or lost in cities. We’ve known this for some time. The question is, What do cities need to do financially to rise to that challenge?
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How can cities strengthen their business cases for net zero investment? And if their plans are brought together and aligned in a new and creative ways, could they generate greater scale, volume and predictability in ways that might make them more attractive to investors? To answer this, the Connected Places Catapult has teamed up with the UK’s Core Cities and London Councils to create the UK Cities Commission for Climate Investment, or 3Ci. The aim is to the leverage the combined scale and clout of the UK’s cities to mobilise investment into low and net-zero carbon projects across all of the UK’s largest cities, not just individual ones. 3Ci was launched in the lead up to COP26 in Glasgow in 2021, so in this episode we hear about the momentum that’s been growing behind 3Ci over the last year. We hear how the UK’s cities have started having a closer, more collaborative conversation with banks, pension funds and private investors. We hear from:
- Cllr Susan Aitkin, Leader of Glasgow City Council
- Mayor Marvin Rees, Mayor of Bristol
- Cllr Georgia Gould, Leader of Camden Council and Chair of London Councils
- Prof Greg Clark CBE, Chair of 3Ci
- Chris Sood-Nicholls, Managing Director and Head of Regional Development, Lloyds Banking Group
- Pete Gladwell, Group Social Impact & Invesment Director, Legal and General
- Lesley McEwan, Assistant Director (Government & Infrastructure), Deloitte
- Ingrid Holmes, Executive Director, Green Finance Institute
- Josiah Lockhart, CEO of Changeworks
- Steve Turner, Director of 3Ci
Show notes
To find out more about 3Ci visit www.3Ci.org.uk You can download a number of free publications including our Pathway Towards Net Zero Investment & Growth, which explains how 3Ci is establishing the market, and what a place-based approach to investment looks like. There are also helpful guides for local authorities on how to unlock private investment in net zero, and how to attract global investment in local projects. If you'd like to get in touch with your feedback, comments and suggestions on what you'd like to hear more of on Connected Places, please email: podcast@cp.catapult.org.uk. We’re looking forward to hearing from you! To find out more about what we do at the Connected Places Catapult and to hear about the latest news, events and announcements, please visit our website and sign up to our newsletter!
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