Market Fact

  • Main issues must be clearly stated 
    • ​​​​​​​how to finance the first cities across Europe (112 Mission Label cities) to become climate neutral until 2030
  • Location: of fact eg City / Reg on to be provided  
    • ​​​​​​​112 cities across Europe
  • Main facts/points outlined in body of text  
    • in total about 1B EUR of investments/mission city are representative to what we have seen so far
    • ​​​​​​​​​​​​​​5-10% of the investment needed in becoming climate neutral will be direct investment from cities (other comes from other sources, especially private sector that needs to be facilitated by cities)
    • 1.5B EUR of city investments for a metropolitan area of 700k people in central Europe is expected
    • in the Nordics that might well be double
    • in developing/cohesion regions this will be lower and more heavily supported by EU funds
    • public private partnerships are seen as a way to support the private sector financing and to accelerate impact
    • managing stakeholder partnerships and commitments is going to be crucial for ca. 90% of the investments required
  • Original link to market fact to be provided
    • ​​​​​​​from a personal call
  • Source of Information / Date of Updates
    • ​​​​​​​personal contact from the European Investment Bank (EIB)