Smart Cities Report
Financing Commercialization for Smart Cities in Europe
Cities need innovative solutions to help meet the long-term challenges arising from urbanization. But, for cities to justify investment in smart technology, it needs to have been proven at scale and delivered tangible benefits. Some of the most innovative technology is being developed by early-stage companies that simply don’t have the funding to finance a large scale demonstration of their technology. This is where the real funding gap emerges.
A report from Clean Energy Pipeline, written in collaboration with Osborne Clarke, looks at the structure, participants and funding models of existing smart city demonstration projects. It analyses why these were successful, discusses why more demonstration projects are not being launched and provides insights on what might be done to encourage more.
Clean Energy Pipeline's Smart Cities in Europe: Financing the Commercialization of Smart City Technology, is produced in collaboration with international legal practice, Osborne Clarke.