Sydney lightens up

Sydney lightens up

The City of Sydney is a founding member of the global C40 Cities Climate Leadership Group and is gearing up to co-chair the C40 Private Sector Building Energy Efficiency Network.

The city will work in tandem with the Tokyo Metropolitan Government to develop an annual climate change work plan and guide the strategic future of the C40 Cities Climate Leadership Group.

"We are honoured to be leading this network in partnership with the Tokyo Metropolitan Government to work with cities from Europe, North America, Latin America, Oceania and East Asia. We look forward to hosting the next network forum of member cities in Sydney," Lord Mayor Clover Moore announced in a July 11 statement.

According to Ms Moore, cities generate more than 70 per cent of the world's carbon pollution and provide residence to over 50 per cent of the globe's population.

It's these figures that make cities a great place to start discourse on tackling climate change, Ms Moore elaborated.

Individuals with home mortgages over Sydney property will no doubt understand the current and future potential of the burgeoning city. If rising house prices are anything to go by, everyone wants a slice of the New South Wales capital.

Sydney dwelling values increased 1.37 per cent in the three months to July 14, according to the RP Data-Rismark Daily Home Value Index.

In the 12 months to July 14, values soared by 16.11 per cent, over 5 percentage points ahead of the aggregate average of Adelaide, Brisbane, Melbourne, Perth and Sydney (11.07 per cent).

It's not just Australians who are excited about Sydney's prospects.

Chair of the C40 group and Rio de Janeiro Mayor Eduardo Paes praised Sydney's role in shaping the future direction of energy efficiency in the private sector.

"I commend the City of Sydney for taking a leadership role in the C40 private sector network to build energy-efficiency, which brings together global cities to drive local climate action on this critical issue. Sydney has made valuable contributions to the network to date, and has demonstrated exemplary ambition for future energy efficiency policies," Mr Paes commented.

Image credit: Sacha Fernandez

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