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Friday, 4th September 2015

Investing in Smart Cities

Source: European Investment Bank

From Smart cities and EIB investment:

All over the world the urban population has grown rapidly
as urbanisation has accompanied economic growth. Cities have played an increasingly leading role in the global economy over the last few decades, often with adverse environmental and social consequences. Transforming cities and making them smarter and more sustainable are important goals of the EIB’s investment approach in the urban sector. Over the last five years (2010-2014), the EIB has provided finance totalling almost EUR 56 billion as well as technical assistance to support these goals in a large number of cities. These investments have helped many urban areas deliver significant improvements in terms of infrastructure development, intelligent and sustainable mobility, better water and waste management systems, and improved e-government and other municipal services and facilities. This has contributed to a significant rise in living standards as well as underpinning economic growth and employment generation.

However, many cities still face environmental, social and economic challenges which influence the everyday lives of millions. For example, it is estimated that cities generate 75% of CO2 emissions and account for 80% of energy demand and more than 75% of the use of natural resources.

+ Direct link to document (PDF; 3.9 MB)



Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »

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