Thessaloniki gets ready for its metro launch in November
The underground rapid transit lines have been under construction for almost two decades due to various project delays
See how smart cities can finance their transformation
Smart solutions, which are often untested innovations, may look like giant risks to governments. Look on the next financing schemes that can be used to support smart interventions. These are public-private partnership, tax increment financing (TIF), green bonds, and Energy Performance Contracting (EPC) contracts. Public-private partnerships are one of the most popular means of financing city innovations. They are the most viable solutions and public authorities are usually open to implement them.
Another financing option for smart cities are green bonds, tax-exempt bonds handed out strictly to develop sustainable projects that generate environmental benefits. Usually investors take high risks, because the success of an innovation cannot be certain, but the returns are tax free.If you have green bonds at the European level, you reduce their risks. Tax increment financing is the most difficult scheme to drum up enthusiasm for because such measures may be unpopular with citizens. People may worry about raising tax rates. Typically, a municipality identifies a district to be restored, and re-allocates funds from property taxes to develop the area and encourage investment. The additional tax money generated by the higher property value is then reinvested in the same district.
Source: Youris.com
The underground rapid transit lines have been under construction for almost two decades due to various project delays
Now you can get your wine in Talence by paying directly in Bitcoin
That’s because the state has to spend money on updating the railway infrastructure rather than subsidizing the cost of the popular pass
Rethinking renewable energy sources for the urban landscape
The examples, compiled by Beyond Fossil Fuels, can inform and inspire communities and entrepreneurs that still feel trepidation at the prospect of energy transition
Now you can get your wine in Talence by paying directly in Bitcoin
The 10th European Conference on Sustainable Cities and Towns (ESCT) sets the stage for stronger cooperation between the EU, national and local level to fast track Europe's transition to climate neutrality.
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
The underground rapid transit lines have been under construction for almost two decades due to various project delays
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
Hostal de Pinós is located in the geographical centre of the autonomous region
Despite its church-y name, the district has long been known as the hangout spot for the artsy crowds
Urban dwellers across the EU are having a say in making their surroundings friendlier to people and the environment.
Forests in the EU can help green the European construction industry and bolster a continent-wide push for architectural improvements.
Apply by 10 November and do your part for the transformation of European public spaces
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A conversation with the Mayor of Lisbon about the spirit and dimensions of innovation present in the Portuguese capital