Some €21.1 billion has been earmarked for urban development between 2007 and 2013, representing 6.1% of the total EU cohesion policy budget. Of this, €3.4 billion is targeted at the rehabilitation of industrial sites and contaminated land areas, €9.8 billion for urban and rural regeneration projects, €7 billion for clean urban transport, and €917 million for housing. Other investment in infrastructure in research and innovation, transport, the environment, education, health and culture also have a significant impact in cities. Read More
