
Stockholm – A recent survey conducted by the European Investment Bank (EIB) reveals that over half of the cities and municipalities in the EU are planning to boost their climate investments to help reduce emissions.
A total of 1,002 municipalities from all 27 EU member states participated in the survey, and 56 percent expressed intentions to increase their financial commitments towards emission reduction.
“Municipalities across Europe demonstrate a strong dedication to the green transition,” stated Debora Revoltella, EIB’s chief economist, in a press release.
Additionally, around half of the responding municipalities and cities are also intending to allocate more funds for adapting to climate change impacts, including measures for flood and fire protection.
Stockholm, the capital of Sweden, has set a goal to achieve climate positivity by 2030.
(April 9)












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