2024-11-14T12:07:38-06:00 2023-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2023-01-01 900634376 C40 CITIES CLIMATE LEADERSHIP GROUP INC C40C 6463249209 120 PARK AVENUE FLOOR 23 NEW YORK NY 10017 JULIETTE CARTER MANAGING DIR, CORP SVCS. 6463249209 2024-11-14 1 0 TOBY RUTH KERSLAKE P01875806 2127589700 2024-11-14 2023 2024-10-15 13:58:12Z MARK WATTS 120 PARK AVENUE FL NEW YORK NY 10017 47220199 0 X WWW.C40.ORG X 2010 DE C40 IS A NETWORK OF THE WORLD'S MEGACITIES COMMITTED TO ADDRESSING CLIMATE CHANGE. 10 10 35 11 0 0 54354368 47008289 13738 86962 12525 124948 0 0 54380631 47220199 1154661 5383613 0 0 23690572 31839843 0 0 200085 13919948 24193147 38765181 61416603 15615450 -14196404 52177936 38571730 4326935 4917133 47851001 33654597 X C40 IS A GLOBAL NETWORK OF NEARLY 100 MAYORS OF THE WORLD'S LEADING CITIES THAT ARE UNITED IN ACTION TO CONFRONT THE CLIMATE CRISIS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. 0 0 46181506 5383613 86962 IN A MOVE TO CHAMPION INCLUSIVE GLOBAL LEADERSHIP IN CLIMATE ACTION, IN 2023, THEN C40 CHAIR REQUESTED THAT C40 IMPLEMENT A NEW CO-CHAIR MODEL WHICH REQUIRES THAT ONE MAYOR EACH FROM THE GLOBAL NORTH AND SOUTH SITS AT THE CORE OF C40'S LEADERSHIP. AS THE ELECTED LEADERS OF C40, THE CO-CHAIRS MAYOR OF LONDON AND MAYOR OF FREETOWN PLAY A KEY ROLE IN RAISING THE BAR ON CLIMATE AMBITION AROUND THE WORLD AND ADVOCATING FOR THE ROLE OF CITIES IN ADDRESSING THE CLIMATE CRISIS. C40 CITIES AND MAYORS ARE COMMITTED TO USING AN INCLUSIVE, SCIENCE-BASED AND COLLABORATIVE APPROACH TO CUT THEIR FAIR SHARE OF EMISSIONS IN HALF BY 2030, HELP THE WORLD LIMIT GLOBAL HEATING TO 1.5 DEGREES CELSIUS, AND BUILD HEALTHY, EQUITABLE AND RESILIENT COMMUNITIES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. 46181506 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 X 23 0 1 35 1 0 1 UK SF CH DA IN 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X RACHEL YOXEN 6463249209 120 PARK AVENUE FLOOR 23 NEW YORK NY 10017 MICHAEL R BLOOMBERG PRESIDENT AND DIRECTOR 0.10 0.00 X X 0 0 0 ANTHA WILLIAMS TREASURER AND DIRECTOR 0.10 0.00 X X 0 0 0 JUSTIN JOHNSON DIRECTOR (END 9/19/23) 0.10 0.00 X 0 0 0 JESPER NYGARD DIRECTOR 0.10 0.00 X 0 0 0 BRUCE LINDSEY SECRETARY AND DIRECTOR 0.10 0.00 X X 0 0 0 SHIRLEY RODRIGUES VP AND DIRECTOR 0.10 0.00 X X 0 0 0 CAROLINA URRUTIA DIRECTOR 0.10 0.00 X 0 0 0 JENNIFER SEMAKULA MUSISI DIRECTOR 0.10 0.00 X 0 0 0 SRI HARYATI DIRECTOR 0.10 0.00 X 0 0 0 MARIA VITTORIA BERIA DIRECTOR 0.10 0.00 X 0 0 0 HONGPENG LEI DIRECTOR (BEG. 9/19/2023) 0.10 0.00 X 0 0 0 MARK WATTS EXECUTIVE DIRECTOR 40.00 0.00 X 256835 0 14003 KEVIN AUSTIN DEPUTY EXCUTIVE DIRECTOR 40.00 0.00 X 198698 0 11922 JULIETTE CARTER MANAGING DIRECTOR OF CORP SERVICES 32.00 0.00 X 122104 0 7326 HASTINGS CHIKOKO REGIONAL DIRECTOR OF AFRICA 40.00 0.00 X 199287 0 7051 IYAD KHEIRBEK PROG DIR, AIR QUALITY IN CLIMATE SOLUTIONS & NETWO 40.00 0.00 X 162604 0 51014 ZACHERY TOFIAS PROGRAMME DIRECTOR FOOD & WASTE 40.00 0.00 X 139950 0 51739 LAURA JAY REGIONAL DIRECTOR, NORTH AMERICA 40.00 0.00 X 147430 0 51705 MILAG SAN JOSE-BALLESTEROS REG DIR FOR EAST, SE ASIA & OCEANIA 40.00 0.00 X 164049 0 21212 1390957 0 215972 64 0 1 0 REMOTE EUROPE HOLDING BV KRAIJENHOFFSTRAAT 137A AMSTERDAM NL 1018RG PAYROLL & EMPLOYMENT SERVICES 552897 ORG MUN DIAL DE CIUDADES Y GOBIERNOS LO CARRER AVINYO15 BARCELONA SP 08002 ENVIRONMENTAL 473110 ARUP INTERNATIONAL PROJECTS LIMITED CENTRAL SQUARE FORTH STREETM NEWCASTLE UPON TYNE UK NE1 3PL CONSULTANCY, ENVIRONMENTAL 426051 RICARDO AEA LTD THE GEMINI BUILDING FERMI AVENUE HARWELL DIDCOT UK OX11 0QR CONSULTANCY, ENVIRONMENTAL 367106 VIEGAND MAAGOE AS NORRE SOGADE 35 KOBENHAVN K DA CONSULTANCY 259857 17 8534619 38473670 47008289 SPEAKING EVENTS 900099 86962 86962 86962 124948 124948 47220199 86962 0 124948 X 513219 513219 4870394 4870394 610888 244355 366533 26066992 18163569 7743452 159971 863860 620145 234117 9598 1449047 1059838 371786 17423 2849056 2007475 828488 13093 386874 16435 370439 399997 399997 12184205 9495050 2689155 543040 59141 483899 1086059 225402 860657 456481 422567 33914 7699881 7699881 7251 4118 3133 7985 6787 1198 PAYROLL PROCESSING FEES 982954 712025 270929 RECRUITMENT 213589 213589 TRAINING 195247 31521 163726 29584 29584 61416603 46181506 15035012 200085 46075069 26661304 5166078 10715708 924161 1187288 304191 296761 12628 7430 52177936 38571730 4326935 4917133 4326935 4917133 X 12053451 3744438 35797550 29910159 47851001 33654597 52177936 38571730 -14196404 0 X 0 1 X 1 0 X 30665322 32603013 44723486 54354368 47008289 209354478 30665322 32603013 44723486 54354368 47008289 209354478 116056309 93298169 16104 11085 4898 12525 124948 169560 8377 8891 435737 453005 209977043 145653 0.44430 0.38780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CREDIT CARD REBATE - 2019 AMOUNT: $ 8,377. 2020 AMOUNT: $ 8,891. FOREIGN CURRENCY GAIN - 2021 AMOUNT: $ 435,737. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61416603 61416603 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 PART 1-A, LINE 1 C40 HAS A 501(H) ELECTION IN PLACE. NO DIRECT OR INDIRECT LOBBYING ACTIVITIES OCCURRED DURING 2023. 249581 242151 7430 54610 54610 0 7430 X 48622846 1402647 1402647 47220199 0 47220199 62819250 1402647 1402647 61416603 0 61416603 PART X, LINE 2: THE ORGANIZATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ENTITY WITHIN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE UNDER SECTION 501(A). INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER INTERNAL REVENUE CODE SECTION 511. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. 1 EAST ASIA AND THE PACIFIC 1 35 PROGRAM SERVICES CLIMATE INITIATIVES 2002636 EUROPE 3 237 PROGRAM SERVICES CLIMATE INITIATIVES 17494127 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CLIMATE INITIATIVES 170700 NORTH AMERICA 0 19 PROGRAM SERVICES CLIMATE INITIATIVES 1409512 SUB-SAHARAN AFRICA 1 62 PROGRAM SERVICES CLIMATE INITIATIVES 2394037 SOUTH AMERICA 0 18 PROGRAM SERVICES CLIMATE INITIATIVES 969010 SOUTH ASIA 0 16 PROGRAM SERVICES CLIMATE INITIATIVES 50987 EUROPE 0 0 PROGRAM SERVICES GRANTMAKING 4525596 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES GRANTMAKING 59798 SOUTH ASIA 0 0 PROGRAM SERVICES GRANTMAKING 285000 5 387 0 0 5 387 29016605 344798 29361403 EUROPE FUNDING IN SUPPORT OF GCOM: SUPPORT CITIES AND LOCAL GOVERNMENT IN MANAGING AND MITIGATING ENVIRONMENTAL RISK 2421254 BANK TRANSFER 0 EUROPE FUNDING IN SUPPORT GCOM: GLOBAL-REGIONAL ENGAGEMENT AND LIGHT TOUCH TECHNICAL ASSISTANCE TO SELECTED CITIES 631971 BANK TRANSFER 0 EUROPE FUNDING OR THE GLOBAL-REGIONAL COORDINATION GRC 3 TO DELIVER ON THE CORE STRATEGIC GOALS AND INITIATIVES OF THE GCOM STRATEGIC PLAN 224817 BANK TRANSFER 0 EUROPE FUNDING FOR THE PUBLIC MANDATE FOR ACTION ON AIR POLLUTION IN LONDON 50010 BANK TRANSFER 0 EUROPE SEEKS TO MOBILIZE FINANCE TO ACCELERATE UPTAKE OF URBAN CLIMATE SOLUTIONS TO ALIGN WITH THE GOAL OF 1.5C MAXIMUM GLOBAL WARMING. ITS GOAL IS TO DELIVER INNOVATIVE BLENDED-FINANCE INVESTMENT VEHICLES. 1197545 BANK TRANSFER 0 SUB-SAHARAN AFRICA ACCELERATING CITY CLIMATE ACTION IMPLEMENTATION THROUGH INNOVATE4CITIES, ENGAGEMENT WITH THE URBAN TRANSITIONS MISSION, AND MULTI-LEVEL GOVERNANCE SUPPORT 59798 BANK TRANSFER 0 SOUTH ASIA FUNDING IN SUPPORT, PLANNING, IMPLEMENTATION AND DELIVERY OF SERVICES 160000 BANK TRANSFER 0 SOUTH ASIA PROVIDE TECHNICAL ASSISTANCE TO THE CITY CORPORATIONS TO DEVELOP THEIR FIRST NET ZERO CLIMATE ACTION PLANS, CREATE INSTITUTIONAL CAPACITIES TO IMPLEMENT THE PLAN AND SUPPORT THE PLANNING OR DEVELOPMENT OF AT LEAST ONE PILOT PROJECT 125000 BANK TRANSFER 0 8 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS OF ALL GRANTS MADE FROM THE PROPOSAL STAGE, THROUGH THE DUE DILIGENCE PHASE WHICH DETERMINES THE SELECTION OF THE SUBGRANTEE, THE SIGNING OF THE GRANTS AGREEMENT AND THROUGHOUT THE ACTIVITY TO GRANT CLOSURE. REQUIRED REPORTS INCLUDE FINANCIAL REPORTS AND NARRATIVE/PROJECT RELATED REPORTS. ALL FINANCIAL REPORTS MUST INCLUDE A REPORT ON EXPENDITURE OF FUNDS AGAINST KPIS AND DELIVERABLES AS LISTED IN THE GRANT AGREEMENT. ALL REPORTS ARE REVIEWED AND APPROVED AS PER THE REQUIREMENTS OF THE GRANT AGREEMENT. 1 ROCKY MOUNTAIN INSTITUTE 2490 JUNCTION PLACE SUITE 200 BOULDER CO 80301 742244146 501(C)(3) 175000 0 TO IDENTIFY AND SHORTLIST TWO KEY ROUTES FOR ELECTRIFICATION OF ZERO EMISSION FREIGHT VEHICLES (ZEFVS) UNIVERSITY OF MARYLAND COLLEGE PARK 3112 LEE BUILDING 7809 REGENTS DRIVE COLLEGE PARK MD 207425141 526002033 GOVERNMENT 120000 0 SUPPORT AND COLLABORATING WITH SCALE PARTNERS WORLD RESOURCES INSTITUTE 10G STREET NE 8TH FLOOR WASHINGTON DC 200024210 521257057 501(C)(3) 218219 0 SUPPORT AND COLLABORATING WITH SCALE PARTNERS 3 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS OF ALL GRANTS MADE FROM THE PROPOSAL STAGE, THROUGH THE DUE DILIGENCE PHASE WHICH DETERMINES THE SELECTION OF THE SUBGRANTEE, THE SIGNING OF THE GRANTS AGREEMENT AND THROUGHOUT THE ACTIVITY TO GRANT CLOSURE. REQUIRED REPORTS INCLUDE FINANCIAL REPORTS AND NARRATIVE/PROJECT RELATED REPORTS. ALL FINANCIAL REPORTS MUST INCLUDE A REPORT ON EXPENDITURE OF FUNDS AGAINST KPIS AND DELIVERABLES AS LISTED IN THE GRANT AGREEMENT. ALL REPORTS ARE REVIEWED AND APPROVED AS PER THE REQUIREMENTS OF THE GRANT AGREEMENT. X X X 0 0 0 0 0 0 0 0 0 MARK WATTS EXECUTIVE DIRECTOR 256835 0 0 0 0 0 14003 0 0 0 270838 0 0 0 IYAD KHEIRBEK PROG DIR, AIR QUALITY IN CLIMATE SOL 162604 0 0 0 0 0 8109 0 42905 0 213618 0 0 0 KEVIN AUSTIN DEPUTY EXCUTIVE DIRECTOR 198698 0 0 0 0 0 11922 0 0 0 210620 0 0 0 HASTINGS CHIKOKO REGIONAL DIRECTOR OF AFRICA 199287 0 0 0 0 0 0 0 7051 0 206338 0 0 0 LAURA JAY REGIONAL DIRECTOR, NORTH AMERICA 147430 0 0 0 0 0 8846 0 42859 0 199135 0 0 0 ZACHERY TOFIAS PROGRAMME DIRECTOR FOOD & WASTE 139950 0 0 0 0 0 8846 0 42893 0 191689 0 0 0 MILAG SAN JOSE-BALLESTEROS REG DIR FOR EAST, SE ASIA & OCEANIA 164049 0 0 0 0 0 15050 0 6162 0 185261 0 0 0 FORM 990, PART I, LINE 1: DESCRIPTION OF ORGANIZATION MISSION: C40 IS A NETWORK OF THE WORLD'S MEGACITIES COMMITTED TO ADDRESSING CLIMATE CHANGE. C40 SUPPORTS CITIES TO COLLABORATE EFFECTIVELY, SHARE KNOWLEDGE AND DRIVE MEANINGFUL, MEASURABLE AND SUSTAINABLE ACTIONS ON CLIMATE CHANGE. CREATED AND LED BY CITIES, C40 IS FOCUSED ON TACKLING CLIMATE CHANGE AND DRIVING URBAN ACTION THAT REDUCE GREENHOUSE GAS EMISSIONS AND CLIMATE RISKS, WHILE INCREASING THE HEALTH, WELL-BEING AND ECONOMIC OPPORTUNITIES OF URBAN CITIZENS. FORM 990, PART III, LINE 4A: PROGRAM SERVICE ACCOMPLISHMENT IN 2023, C40 FOCUSED ITS WORK STRATEGICALLY AROUND TWO MAIN MISSIONS, TO POSITION ITSELF STRATEGICALLY AND DELIVER MORE EFFECTIVELY IN THE EVOLVING GEOPOLITICAL AND ECONOMIC CONTEXT: - HELP GET THE WORLD OFF OF FOSSIL FUELS TO HALT CLIMATE BREAKDOWN, IN PARTICULAR BY HALVING FOSSIL FUEL USE IN CITIES BY 2030. - ADDRESS THE IMPACTS AND INJUSTICES OF CLIMATE BREAKDOWN, FOCUSING ON INCREASING EQUITY AND CLIMATE RESILIENCE IN CITIES. BASED ON THE NEEDS OF C40 MEMBER CITIES AND THE GEOPOLITICAL CONTEXT WE WORK IN, C40 HAS IDENTIFIED FOUR SUB-MISSIONS THAT ARE CRITICAL TO BE ABLE TO DELIVER ITS TWO MAIN MISSIONS: - WINNING THE CASE THAT FOSSIL GAS IS NEARLY AS BAD AS COAL - DELIVERY OF LOW OR ZERO TRANSPORT EMISSION AREAS IN CITIES - UNLOCK INVESTMENT AND FINANCE FOR CITY CLIMATE PROJECTS - ADVANCE DELIVERY OF 50 MILLION GOOD, GREEN JOBS BY 2030 THE CRITICAL WORK THAT C40 DOES IN SUPPORT OF SCIENCE-BASED, URBAN CLIMATE ACTION IS BROADER THAN THESE SUB-MISSIONS. BUT THEY HELP DEFINE THE MAIN CROSS-ORGANISATIONAL FOCUS FOR A GIVEN PERIOD TO LEVERAGE POLICY AND ADVOCACY RESOURCES ACROSS C40 TO BUILD PUBLIC SUPPORT AND SOCIAL ACCEPTANCE FOR LOCAL CLIMATE ACTION. THESE FOUR SUB-MISSIONS WILL LIKELY EVOLVE IN TIME, WHILE THE TWO MAIN MISSIONS WILL REMAIN UNTIL THEY ARE ACHIEVED AND WILL SERVE AS THE KEY BUILDING BLOCKS OF THE NEW BUSINESS PLAN 2025 - 2030 WHICH C40 IS DEVELOPING THIS YEAR. C40'S PROGRAMMES AND ACTIVITIES ENABLE GROUPS OF CITIES, EITHER WITHIN ONE COUNTRY OR REGION OR ACROSS MULTIPLE REGIONS, TO IMPLEMENT HIGH-IMPACT POLICIES AND PROJECTS WHICH ARE TAILORED FOR THE REGIONAL, COUNTRY AND CITY CONTEXTS. THE UK GOVERNMENT-FUNDED URBAN CLIMATE ACTION PROGRAMME'S CLIMATE ACTION IMPLEMENTATION COMPONENT (UCAP CAI) IS COLLABORATING WITH 15 CITIES IN AFRICA, LATIN AMERICA, AND SOUTHEAST ASIA TO PROGRESS TWO PRIORITY HIGH IMPACT ACTIONS FROM THEIR CLIMATE ACTION PLANS AND INTEGRATE CLIMATE GOALS AND CONSIDERATIONS INTO CITY GOVERNANCE, PLANNING AND DECISION-MAKING STRUCTURES. IN-DEPTH TECHNICAL ANALYSIS AND INSTITUTIONAL CAPACITY BUILDING IS DRIVING DECISION-MAKING AND OUTCOMES IN ALL CITIES, WITH CITY-TO-CITY KNOWLEDGE SHARING DRIVING AMBITION FOR ACCELERATED AND INCLUSIVE CLIMATE ACTION. BOTH UCAP CAI AND THE C40 CITIES FINANCE FACILITY ARE WORKING WITH BOGOTA TO DELIVER THEIR CLIMATE ACTION PLAN. ON POLICY AND MAINSTREAMING UCAP CAI SUPPORTS BOGOTA'S ADOPTION OF ITS CLIMATE ACTION PUBLIC POLICY, PEDESTRIAN PUBLIC POLICY, AS WELL AS ITS PEDESTRIAN MOBILITY STRATEGY AND 2050 ROADMAP. BESIDES POLICY AND MAINSTREAMING SUPPORT ON ACTIVE MOBILITY, THE CITIES FINANCE FACILITY SUPPORTED THE NEWLY INAUGURATED PUBLIC BIKE-SHARING SYSTEM, THAT OFFERS AN ACCESSIBLE AND AFFORDABLE TRANSPORTATION OPTION FOR ALL RESIDENTS, WHICH HAS CATERED FOR MORE THAN 400,000 TRIPS IN ITS FIRST SIX MONTHS OF OPERATION. ITS INCLUSIVITY OF ACCESS IS GLOBALLY INNOVATIVE FOR A BIKE-SHARING SYSTEM. OF THE 3,300 BIKES, 150 INCLUDE CHILD SEATS AND 150 ARE ACCESSIBLE TO WHEELCHAIR USERS. THERE IS A 20% DISCOUNT FOR LOWER-INCOME RESIDENTS. BOGOTA IS SETTING THE PACE WITH EQUITABLE CLIMATE POLICIES AND INCLUSIVE INFRASTRUCTURE INVESTMENTS IN MOBILITY. THE CITY IS ADDRESSING THE CLIMATE CRISIS THROUGH TRANSFORMATIONAL CLIMATE ACTION IMPLEMENTATION TO SCALE UP INNOVATIVE AND AMBITIOUS TRANSPORT SOLUTIONS. C40 USES THE COLLECTIVE VOICE AND ACTIONS OF C40'S MAYORS, TOGETHER WITH OUR PARTNERS, TO HELP THE WORLD AVOID CLIMATE BREAKDOWN. TOGETHER WE USE GLOBAL AND REGIONAL PLATFORMS LIKE COP, CLIMATE WEEKS AND THE UNITED NATIONS GENERAL ASSEMBLY TO INSPIRE OTHER CITIES, INFLUENCE INTERNATIONAL AND NATIONAL INSTITUTIONS AND SHIFT MARKETS WITH MAYORAL LEADERSHIP. IN 2023, OUR MAYORS CAME TOGETHER UNITED IN FAVOUR OF STRONGER CLIMATE JUSTICE BY PUSHING BACK AGAINST CONTINUED FOSSIL FUEL EXPANSION AND CALLING FOR SUBNATIONAL INTEGRATION INTO NATIONALLY DETERMINED CONTRIBUTIONS AND INCREASED FINANCE FOR CITY CLIMATE ACTION, INCLUDING FOR URBAN LOSS AND DAMAGE. THIS WAS SUPPORTED BY THE JOINT PROGRAM, FUNDED BY BLOOMBERG PHILANTHROPIES AND DELIVERED BY C40, GCOM AND OTHER PARTNERS. FORM 990, PART I, LINES 5 & 15 AND PART V, LINE 2A: U.S. AND FOREIGN COMPENSATION THE TOTAL SALARIES REPORTED ON FORM 990 ON PART I, LINE 15 AND PART IX, LINES 5-10 INCLUDE COMPENSATION OF BOTH U.S. AND FOREIGN EMPLOYEES. HOWEVER, PART I, LINE 5 AND PART V, LINE 2A ONLY REPORT THE TOTAL NUMBER OF U.S. EMPLOYEES. IN ADDITION TO THE U.S. EMPLOYEES, C40 ALSO EMPLOYED A TOTAL OF 387 FOREIGN EMPLOYEES DURING CALENDAR YEAR 2023. THE 35 U.S. EMPLOYEES ARE PAID BY A THIRD PARTY EMPLOYER, A REPORTING AGENT OF C40. COMPENSATION AMOUNTS REPORTED ON PART VII AND SCHEDULE J REPRESENTS COMPENSATION FOR U.S. AND FOREIGN EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 2 RELATIONSHIPS AMONG BOARD MEMBERS MICHAEL BLOOMBERG AND ANTHA WILLIAMS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS THE ORGANIZATION'S BYLAWS PROVIDE THAT THE ORGANIZATION'S MEMBERS ARE CITY MAYORS SERVING ON THE STEERING COMMITTEE OF C40 CLIMATE LEADERSHIP GROUP (A COALITION OF MAYORS FROM AROUND THE WORLD) AND THAT SUCH MEMBERS WOULD ELECT THE DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS POWER TO ELECT SEE EXPLANATION TO PART VI, SECTION A, LINE 6 ABOVE. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS FORM 990 WAS MADE AVAILABLE TO ALL OF THE BOARD MEMBERS PRIOR TO THE EXECUTIVE DIRECTOR SIGNING AND FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REVIEW PROCESS EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST STATEMENT ANNUALLY WITH DISCLOSURES OF FINANCIAL INTERESTS, AND THESE ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF CORPORATE SERVICES. IF APPROPRIATE, IF ANY CONFLICTS WERE DECLARED, A CONFLICTS COMMITTEE WOULD BE CONVENED. THERE HAVE BEEN NO MATERIAL CHANGES TO CONFLICTS IN THE LAST YEAR. AN INTERESTED PERSON DOES NOT PARTICIPATE IN THE DETERMINATION OF A VOTE ON CERTAIN TRANSACTIONS OR ARRANGEMENTS. AN INTERESTED PARTY SHALL NOT ATTEMPT TO INFLUENCE THE BOARD MEMBERS REGARDING MATTERS IN WHICH HE OR SHE HAS A FINANCIAL INTEREST AND SHALL NOT PARTICIPATE IN ANY VOTE TO DETERMINE WHETHER HIS OR HER FINANCIAL INTEREST RESULTS IN A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW PROCESS C40 FOLLOWS A COMPENSATION POLICY APPROVED BY THE C40 BOARD. IN LINE WITH THE POLICY, APPROVAL FOR ALL NEW COMPENSATION ARRANGEMENTS IS BASED ON, TO THE EXTENT REASONABLY AVAILABLE, INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS, OR ORGANIZATIONS IN COMPARABLE SECTORS, FOR SIMILAR SERVICES, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS AND ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS, AND OTHER RELEVANT INFORMATION. THE REMUNERATION POLICY INDICATES THAT THE REVIEW EXERCISE WILL BE UNDERTAKEN EVERY 3 YEARS WITH THE NEXT REVIEW (FOR GLOBAL NORTH) CURRENTLY SCHEDULED FOR 2025. BASED ON C40'S PERFORMANCE AND FINANCIAL POSITION, THE MANAGEMENT TEAM AIM TO, AT THEIR DISCRETION, OFFER ALL STAFF AN ANNUAL INFLATIONARY INCREASE TO THEIR SALARY, WHERE APPROPRIATE. THIS IS DETERMINED BY THE EXECUTIVE DIRECTOR BASED ON THE AVAILABLE FUNDS AND FORMS PART OF THE ANNUAL BUDGET APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR RECEIVES INCREMENTS IN LINE WITH THOSE FOR OTHER STAFF, AND THESE ARE APPROVED BY THE BOARD'S FINANCE & AUDIT COMMITTEE, WHICH INCLUDES THE TREASURER, BASED ON INFLATION CONSIDERATIONS, BENCHMARKED INFORMATION FROM OTHER ORGANISATIONS AND OTHER RELEVANT INFORMATION. THE FINANCE & AUDIT COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD AND IS INDEPENDENT OF THE EXECUTIVE COMMITTEE. C40 HAS DOCUMENTED PAYSCALES AND A JOB EVALUATION FRAMEWORK. C40 ALSO RECORDS IN WRITING ALL MATERIAL INFORMATION PROVIDED BY THIRD PARTIES WHICH WAS RELIED UPON IN APPROVING OR DISAPPROVING SUCH COMPENSATION ARRANGEMENTS, AS WELL AS THE SOURCE OF SUCH INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUEST FOR REVIEWING THE ORGANIZATION'S DOCUMENTS CAN BE ADDRESSED TO RACHEL YOXEN, IN CARE OF C40 CITIES CLIMATE LEADERSHIP GROUP, INC. AS NOTED IN PART VI, SECTION C, QUESTION 20. FORM 990, PART IX, LINE 11G CONTRACTORS AND OTHER: PROGRAM SERVICE EXPENSES 8,864,914. MANAGEMENT AND GENERAL EXPENSES 2,689,155. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,554,069. TRANSLATION: PROGRAM SERVICE EXPENSES 630,136. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 630,136. C40 CITIES CLIMATE LEADERSHIP UK THE SCRIPT 44 FEATHERSTONE STREET LONDON UK EC1Y 8RN 981351395 CHARITABLE UK 16077384 3719941 C40 C40 CITIES CLIMATE LEADERSHIP SOUTH AFRI TRADUNA HOUSE 16 JORRISON ST BRAA SF 2001 981421264 CHARITABLE SF 1710953 109934 C40 FORENINGEN C40 CITIES CLIMATE LDRSP DK C/O BLOXHUB BRYGHUSPLADSEN COPENHAGEN DA 8 1473 981507048 CHARITABLE DA 1784365 443576 C40 C40 CITIES INDIA PRIVATE LIMITED 3RD FLOOR DEVIKA TOWER NO 6 NEHR SOUTH DELHI IN 110019 CHARITABLE IN 0 145000 C40