A sustainable city, eco-city, or green city is a city designed with consideration for the social, economic, and environmental impact (commonly referred to as the triple bottom line), as well as a resilient habitat for existing populations. The UN Sustainable Development Goal 11 defines as one that is dedicated to achieving green, social, and economic sustainability, facilitating opportunities that prioritize inclusivity as well as maintaining a sustainable economic growth. Furthermore, the objective is to minimize the inputs of energy, water, and food, and to drastically reduce waste, as well as the outputs of heat, air pollution (including CO2, methane, and water pollution).
The UN Environment Programme calls out that most cities today are struggling with environmental degradation, traffic congestion, inadequate urban infrastructure, in addition to a lack of basic services, such as water supply, sanitation, and waste management. A sustainable city should promote economic growth and meet the basic needs of its inhabitants, while creating sustainable living conditions for all. Ideally, a sustainable city is one that creates an enduring way of life across the four domains of ecology, economics, politics, and culture. The European Investment Bank is assisting cities in the development of long-term strategies in fields including renewable transportation, energy efficiency, sustainable housing, education, and health care. The European Investment Bank has spent more than €150 billion in bettering cities over the last eight years.
