The City of Vaasa has been granted significant international funding by the European Commission. The total funding for the sustainable urban development project amounts to €5.4 million, of which the EU share is 80 percent – that is, €4.3 million.
The project funding from the European Urban Initiative (EUI) programme supports new solutions to challenges in sustainable urban development. The aim of the programme is to develop and scale up effective solutions across the European Union. A total of 110 applications were submitted, and funding was granted to 20 projects.