EIB financial support to sustainable urban mobility projects
According to the Treaty of the European Union, the EU…
6 May 2011 | By Mario Aymerich, Head of Division for Urban Transport and Other Urban Infrastructures, European Investment Bank (EIB)
According to the Treaty of the European Union, the EU has formal responsibility for Regional Policy but, in accordance with the subsidiarity principle, not for Urban Policy. Legislation on urban development therefore remains the responsibility of local administrations (towns, cities and regions). The urban dimension is nevertheless incorpor - ated…