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JESSICA - European Investment Bank

+PJOU &VSPQFBO 4 VQQPS U GPS 4 VTUBJOBCMF *OWFTUNFOU JO $JUZ "SFBT t +PJOU &VSPQFBO 4 VQQPS U GPS 4 VTUBJOBCMF *OWFTUNFOU JO $JUZ "SFBT. JESSICA . A new way of using EU funding to promote sustainable investments and growth in urban areas What is JESSICA ? JESSICA stands for Joint European Support for Sus- tainable Investment in City Areas. This initiative is be- ing developed by the European Commission and the European Investment Bank (EIB), in collaboration with the Council of Europe Development Bank (CEB). Un- der new procedures, Member States are being given the option of using some of their EU grant funding, their so-called Structural Funds, to make repayable investments in projects forming part of an integrated plan for sustainable urban development.

What is JESSICA? JESSICA stands for Joint European Support for Sus- tainable Investment in City Areas. This initiative is be-ing developed by …

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