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EU to help cities buy clean buses

The European Investment Bank is developing a financing facility to help cities improve their energy efficiency and buy cleaner bus fleets.

An initial fifteen-million euro is foreseen to assist cities in developing the projects, but actual financing could reach "billions", according to EurActiv.

"The intention is to use new technologies like hydrogen or hybrid buses to be implemented in cities" using green public procurement rules, Mr Mayerich of the European Investment Bank announced at last month's Sustainable Urban Mobility Conference in Brussels, organised by the European Commission's Transport and Energy Directorate General.

Funding will go to projects that can demonstrate their ability to deliver on the EU's so-called 20-20-20 policy. Aim of this policy is to reduce greenhouse gases by twenty per cent by the year 2020, and covering twenty per cent of EU energy needs with renewables by the same date, as Mr Mayerich explained.

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