People and partners

CategoryArticle
TopicClimate governance
TitleThe Role of the Private Sector in Climate City Contracts: Investment, Innovation and Market Transformation for Climate-Neutral Cities
AuthorsEva Singovszká, Adriana Šebešová, Mišo Hudák
PublisherCity of Košice
Publishing dateFebruary 3,2026
DescriptionThe article explores the pivotal role of the private sector in delivering Climate City Contracts (CCCs) under the EU Mission “100 Climate-Neutral and Smart Cities by 2030.” It argues that achieving climate neutrality requires substantial private investment, innovation capacity, and market-driven solutions beyond direct municipal control. Businesses and financial institutions contribute by financing low-carbon infrastructure, deploying innovative technologies, and integrating climate objectives into business models and value chains. The article highlights the importance of early and structured private sector engagement in CCC preparation to align public climate ambitions with investment strategies. It concludes that strong public–private partnerships are essential for scaling solutions, reducing risks, and transforming climate neutrality into an economic and societal opportunity.
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