The city wants to be a zero carbon city by 2030 but it needs cash to build out green energy projects
Bristol has today launched an international search for investors to help it meet its 2030 net zero emissions goal.
The Bristol City Leap project plans to turn the city into a "zero carbon smart energy city" in little over a decade, and is now searching for investment of £1bn to get there.
When the project - led by Bristol City Council and Bristol Energy, the city's energy company - was launched last year it attracted interest from 180 local, national and international organisations, from technology companies to private investors.
Bristol hopes to convince at least some of those interested parties to establish a joint venture, which will co-fund the rollout of green energy infrastructure such as heat networks, energy efficiency improvements, hydrogen production and wave and tidal power projects. Bristol Energy will take a leading role in designing local energy tariffs and new smart energy services to support the rollout of low-carbon power, city officials said.
"City Leap is a world first," said Bristol Mayor Marvin Rees. "We are creating a decarbonised local energy system that Bristol can be proud of. City Leap is leading the way on carbon reduction, while at the same time addressing important social and economic challenges."