{"id":33356,"date":"2025-01-13T17:54:24","date_gmt":"2025-01-13T16:54:24","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=33356"},"modified":"2025-01-13T17:54:53","modified_gmt":"2025-01-13T16:54:53","slug":"when-public-money-is-spent","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2025\/01\/13\/when-public-money-is-spent\/","title":{"rendered":"When public money is spent"},"content":{"rendered":"<p>As Europe accelerates its transition to climate neutrality, cities are stepping up. But this green transition comes with a significant challenge: financing. The European Commission estimates that with limited public subsidies, traditional financing methods will only cover 20-30% of the 1T3T of investment needed to achieve the necessary scale of the climate and energy transition. As it says\u00a0<strong>Sylwia S\u0142omiak, Senior Advisor for Climate Finance at Eurocities<\/strong>\u00a0: &quot;Cities, public authorities and regions must start looking elsewhere.&quot;<\/p>\n<p>This reality forms the backdrop to the European Commission\u2019s work on the upcoming Clean Industry Deal, a framework that promises to strengthen Europe\u2019s industrial competitiveness while meeting ambitious climate goals. Cities are testing innovative financing models that reduce subsidy dependency, lower energy costs and promote long-term sustainability. However, regulations and a lack of resources still pose barriers for many cities to adopt these models. (<em>More on <a href=\"https:\/\/eurocities.eu\/latest\/when-public-money-runs-low\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">eurocities.eu<\/span><\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>As Europe accelerates its transition to climate neutrality, cities are stepping up. But this green transition comes with a significant challenge: financing. The European Commission estimates that, with limited public subsidies, traditional financing methods will only cover 20-30% of the % of investments needed for the necessary scale of the climate and energy transition. As Sylwia S\u0142omiak, Chief Financial Officer at the [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-33356","post","type-post","status-publish","format-standard","hentry","category-adaptacia-na-zmenu-klimy"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/33356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=33356"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/33356\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=33356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=33356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=33356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}