An article by NetZeroCities highlights BwB’s findings that the economic benefits of planned climate neutrality projects in 100 EU Mission Cities outweigh the costs.
Additional investment needed: €307 billion
Expected direct and indirect returns: €394 billion = €87 billion net gain.
As the blog post highlights, cities such as Klagenfurt in Austria and Valladolid in Spain show what is possible when targeted financial expertise meets ambition.
From bridging loans for electric buses to investment strategies for building natural capital, NetZeroCitiesEU’s Climate City Capital Hub is helping Mission Cities pioneer climate transition pathways for others to follow.
“We’re only at the beginning. The Capital Hub will continue working with Mission Cities to refine their financial strategies, crowd in private investment, and advocate for enabling frameworks at national and EU levels,” says Delphine Queniart, Climate City Capital Hub Director.
You can learn more about the Capital Hub and its activities here.