EIB provides €200m to support clean urban transport in Spain
Sector: Natural Gas • Location: Las Palmas de Gran Canaria, Barcelona, Valencia, Palma de Mallorca, Spain
Source: Highways Today
The European Investment Bank (EIB) has provided almost €200m for clean urban transport to cut the polluting emissions produced by buses in Spain’s largest cities. The EU bank has been providing this financing since 2017 under the Cleaner Transport Facility, which aims to promote cleaner transport systems. This joint EIB-European Commission financing instrument is enabling cities such as Las Palmas
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Description
Description | The European Investment Bank (EIB) has provided almost €200m for clean urban transport to cut the polluting emissions produced by buses in Spain’s largest cities. The EU bank has been providing this financing since 2017 under the Cleaner Transport Facility, which aims to promote cleaner transport systems. This joint EIB-European Commission financing instrument is enabling cities such as Las Palmas de Gran Canaria, Barcelona, Valencia and Palma de Mallorca to swap their older, more polluting diesel buses for new hybrid, electric or latest generation compressed natural gas replacements. |
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Original Currency | USD |
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Data quality score | 100% |
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