EU for Climate Challenge

02 August 2021 |
  • The majority of EU municipalities report infrastructure investment gaps, especially for climate, digitalisation and urban transport.
  • Two-thirds of municipalities lack the capacity to execute green projects and nearly half lag behind in digital sophistication.
    Europe’s COVID-19 recovery strategy calls for large-scale public investment to “build back better.” Local authorities, such as municipalities, account for 45% of all public investment, making them a key partner in recovery efforts. As poles of social and economic activities, municipalities will also be critical to addressing climate change and improving digitalisation. In this context, a new EIB report, “The state of local infrastructure investment in Europe: EIB Municipalities Survey 2020”, published today, examines how municipal investment priorities in the EU are evolving. The report shows a clear desire by municipalities to increase investment for climate change adaption and mitigation as well as digitalisation.

Read more at the links below.