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F10 Accessing external funding sources

F3_FUNDS_©Joachim Wendler - Fotolia.com
F3_FUNDS_©Joachim Wendler - Fotolia.com
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Description

External financing sources obtained through the EU and/or other funds and financing facilities can be an important source of NBS financing. The listed funding programmes are examples of some of the most relevant contemporary financing possibilities made available to the cities

Example

The city of Craiova in Romania has received a 15 million EUR long-term loan from EBRD to finance key urban projects in the city, which include the implementation of the green infrastructure. Under this programme, the EBRD will support the city of Craiova with developing a Green City Action plan which will look at ways to  improve the urban environment, as well as  invest in greener transport, water and waste management (source: (Rosca 2018).

Source D6.4 NBS Value Model