The Hague earmarks €180 million for sustainability, following energy company sale

The Dutch city of The Hague has announced that it will invest over €180 million (US$210 million) in sustainability projects, using money from the sale of energy company Eneco.

Liesbeth van Tongeren, Alderman for Sustainability and Energy Transition, said resources will be made available for clean energy sources, grids and energy storage as well as the adaptation of buildings.

The idea is that successful projects will generate a return on investment which can be redeployed for the city.

She commented: "With these resources, we ensure that Hagenaars can get to work more quickly in terms of making their homes more sustainable and that companies can make more sustainable investments. Ac...