EU bank to provide over 1 billion euros for urban transport

EU bank to provide over 1 billion euros for urban transport


The European Investment Bank has announced more than €1.4 billion worth of new city finance for projects on transport, energy efficiency and others.

The new loans–which will support Rotterdam, Warsaw, Barcelona, Valencia, and others–is part of the bank’s aim to allocate at least 50 percent of its financing activities for projects that support climate action and environmental sustainability. A “significant share” of this will be implemented in cities.

Karl-Heinz Lambertz, President of the European Committee of the Regions, said: “The 2019 renewed Action Plan will contribute to support high-quality projects that benefit citizens and businesses alike and leaves no region behind.”

Continue reading this story on

Photo: European Union / Vincent van Doonik

Share your infrastructure & mobility stories with us
Do you have an innovation, research results or an other interesting topic you would like to share with the international infrastructure & mobility industry? The Intertraffic website and social media channels are a great platform to showcase your stories!

Please contact our Sr Brand Marketing Manager Carola Jansen-Young.

Are you an Intertraffic exhibitor?
Make sure you add your latest press releases to your Company Profile in the Exhibitor Portal for free exposure.

Share This Article

Most read articles

Latest Video

View all videos »