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World Mayors Argue Need to Access Cash Directly to Confront Climate Change

Mayors of 85 of the world's cities, representing more than 650 million people, have called for urgent reform of the way low-carbon and climate change projects are financed and funded.

The mayors said it is time that national governments give cities and towns direct access to international and national funds to ensure they are able to sustainability manage burgeoning urban growth and the threats of climate change.

Led by a group of three mayors - Mexico City's Miguel Angel Mancera, Barcelona's Ada Colau and Madrid's Manuela Carmena - the demand for reform was launched Monday on the first day of the U.N. Habitat III conference in Quito, Ecuador.

Thousands of government leaders, academics and planners have gathered in the Andean city to discuss the future of the world's cities.

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