EU bank to further finance Belgian smart cities

An extended partnership has been signed between the European Investment Bank and Belgian bank, Belfius, to finance €400 million of smart city initiatives throughout Belgium. 

The new programme, Smart Cities, Climate Action & Circular Economy II, will help local authorities, inter-municipal groupings and non-commercial organisations in the social and education sectors in Belgium to implement their smart and sustainable projects by granting finance on favourable terms.

The scope of the programme covers energy, mobility, urban development, water, waste and e-government–particularly open data.

“Our Smart Belgium strategy aims to make Belfius the driving force behind this initiative,...