The EBRD regions are home to vibrant and diverse cities that span across Central and Eastern Europe, Central Asia, North Africa and the Middle East. Today, cities such as Amman and Tbilisi are proving to be cultural metropolises.
Meanwhile, technology hubs like Yerevan are quickly becoming epicentres of innovation and entrepreneurship. For other cities, such as Split and Izmir, tourism has become an engine of growth, with millions of people visiting each year.
Cities in the EBRD region face numerous challenges, including insufficient infrastructure investment, demographic changes, and historical legacies of high energy and carbon intensity. In addition, these cities face a range of pressing environmental and social issues from the impacts of climate change, including vulnerability to adverse weather patterns and deteriorating health of citizens due to poor air quality.
EBRD Green Cities strives to build a better and more sustainable future for cities and their residents. The programme achieves this by identifying, prioritising and connecting cities’ environmental challenges with sustainable infrastructure investments and policy measures.
With over € 1 billion in EBRD committed funds, the programme is operational in more than 20 cities, and has mobilized over €250 million investments to date.
Green City Aims
1. Preserve the quality of its environmental assets (air, water, land/ soil and biodiversity) and use these resources sustainably.
2. Mitigate and adapt to the risks of climate change.
3. Ensure that environmental policies and developments contribute to the social and economic well-being of residents.
EBRD Green Cities is a programme that builds on the Bank’s extensive experience in investing in transformative municipal infrastructure. It has three central components:
1. Green City Action Plans (GCAP): Assessing and prioritising environmental challenges, and developing an action plan to tackle these challenges through policy interventions and sustainable infrastructure investments
2. Green sustainable infrastructure investment: Facilitating and stimulating public or private green investments in: water and wastewater, urban transport, district energy, energy efficiency in buildings, solid waste and other interventions that improve the city’s adaptation and resilience to climate shocks
3. Capacity building: Providing technical support to city administrators and local stakeholders to ensure that infrastructure investments and policy measures identified in GCAPs can be developed, implemented and monitored effectively
Become a Green City
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