The EIB Finances Sustainable Smart City Projects in Belgium

The EIB Finances Sustainable Smart City Projects in Belgium

Eight Smart City projects in Belgium have been the first to benefit from the joint financing programme 400 million Euros that the European Investment Bank (EIB) and the Belfius Bank launched in June 2014.

The Smart Cities & Sustainable Development programme has already provided 35 million Euros to help towns and cities implement sustainable mobility, urban development and energy efficiency initiatives.

The eight smart and sustainable projects in Belgium concern:

Construction of a "Near-Zero Energy" Building (NZEB) for sheltered accommodation in the municipality of Schelle (Antwerp)
New administrative centres in the municipalities of Bierbeek (Flemish Brabant), Sint-Gillis-Waas (East Flanders) and Gembloux (Namur)
Redevelopment of a brownfield site in the municipality of Wetteren (East Flanders)
Renovation and extension of the rest homes of the public social assistance centres (CPAS) of Stekene (East Flanders) and Kampenhout (Flemish Brabant)
Installation of a compressed natural gas (CNG) plant in Harelbeke (West Flanders)

The objective of this programme is to minimise borrowing costs for municipalities, CPAS and inter-municipal utilities in order to support their innovative and sustainable approach.

Source: EU Smart Cities

Smart Grid Bulletin March 2019

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