Mobility

Pula has made first steps towards sustainable city traffic

Pula has made first steps towards sustainable city traffic, agreement with EBRD

Photo: Pixabay

Published

December 19, 2017

Country

Comments

0

Share

Published:

December 19, 2017

Country:

Comments:

0

Share

The City government of Pula is dedicated to enable its citizens to use modern, secure and cleaner public transport and to do it with innovative approach to sustainable urban mobility, said the mayor of this seafront city located at the tip of the Istria peninsula in Croatia.

The first step towards sustainable city traffic in Pula has been made by the agreement with the EBRD to jointly develop a sustainable urban mobility plan. The government of Austria will help with a EUR 195,700 grant.

The idea behind the plan is to utilize the Integrated Territorial Investments (ITI), the new EU instrument introduced for use during the European Structural and Investment Funds (ESIF) programming period, says EBRD in its statement.

ITI is designed to be like a local form of policy-making. It allows tying different financial sources in an integrated investment strategy for a certain territory or functional area, and could take the form of an integrated strategy for urban development or inter-municipal cooperation.

Under the ITI mechanism, Pula will co-finance public transport investment with EUR 30.6 million.

The sustainable urban mobility plan is about taking innovative and high-quality approach to sustainable city traffic planning. Boris Miletić, Mayor of Pula emphasized. He added that the whole  project is to be used as a basis for attracting future investment from European funds. Last, but not the least, thanks to this plan, citizens and visitors will enjoy modern and secure public transport.

EBRD has been investing in Croatia for over 20 years 

EBRD Associate Director Davor Inđić also added that this plan will contribute to the environment as well. “It is our duty to support the city’s economic development and at the same time safeguard its heritage and natural beauty”, he said.

The Bank’s goal is to promote greater efficiency in and higher quality of municipal services. Since 2006, when the Bank provided its first loan to Pula for the acquisition of green buses for the city’s public transport company, the EBRD has supported over 18 projects in municipal infrastructure and financed EUR 242 million of investments.

The EBRD signed its first project in Croatia in 1994 and has invested over EUR 3.6 billion in 198 projects in the country to date. The Bank’s activities cover all areas of the economy but are especially strong in the infrastructure, corporate, financial institutions and energy sectors.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

EU Alliance for Zero Emission Aviationhydrogen electrification

EU’s Alliance for Zero Emission Aviation to work on hydrogen, electrification

27 June 2022 - The EU said the Alliance for Zero Emission Aviation would accelerate the development of electric and hydrogen-powered aircraft

European Parliament delays decision carbon border tax CBAM

European Parliament delays decision to introduce carbon border tax – CBAM

08 June 2022 - The European Parliament rejected a set of law proposals within the Fit-for-55 climate package including the CBAM carbon border tax scheme

Priority new Government Slovenia energy crisis

Priority of new Government of Slovenia is to tackle energy crisis

06 June 2022 - Prime Minister Robert Golob promised everyone would take their fair share of the burden from rising food and energy prices

Croatian supercar maker Rimac gets EUR 500 million from investors

Croatian supercar maker Rimac gets EUR 500 million from investors

01 June 2022 - Croatian electric vehicle producer Rimac Group's estimated valuation increased to more than EUR 2 billion