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Financing Options
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F0 Municipal investment

F1_MUNICIPAL INVESTMENT_©Matej Kastelic
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Description

A traditional top-down approach where municipality takes the lead in NBS financing by earmarking a share of public budget for the NBS implementation and maintenance. The municipal financing programmes might be a part of more overarching municipal, regional or national policies promoting sustainable urban development.

Example

Alna Environmental Park in Oslo is a part of a large scale river day-lighting project led by the Oslo municipality. The Environmental Park is foreseen to run along the river Alna and transform grey infrastructure to accessible parks and recreation areas. The project is funded by the Oslo municipality in combination with national government transfers (source: (Naturvation n.d.).  

Source D6.4 NBS Value Model