Environmental economy

Environmental economy includes the income, costs and investments primarily arising from environmental reasons. The information is presented for the parent organisation, meaning the City’s divisions, enterprises and departments.

The environmental costs, including amortisations, totalled EUR 74.2 million (+1% from 2019). The environmental costs accounted for 1.6% of the City’s total operating costs, equalling 113 euros per capita. The City’s largest expense items were the costs of sanitation and waste management of the areas (29%) and promotion of climate and environmentally friendly transport (22%).

Environmental costs

Picture 22. The City’s environmental costs were €74,160,199 in 2020.

The environmental investments added up to EUR 162.4 million, which was 18.8% of the total capital expenditure of the City and 247 euros per capita. The City’s environmental investments increased by 20% from the previous year, and the largest investments were related to the promotion of climate and environmentally friendly transport – including HKL’s investments in public transport (81%) – and the restoration of contaminated soil (15%).

Environmental investments

Picture 23. The City’s environmental investments were €162,388,170 in 2020.

The internal environmental income added up to some EUR 6.6 million (-20% from 2019). The internal environmental income accounted for 0.6% of the total operating income of the City and was 10 euros per capita. The most significant income was generated from city bikes (20%) and vehicle transfer fees in connection with street cleaning (15%).

Environmental income

Picture 24. The City’s environmental income was €6,661,886 in 2020.

The value of environmental responsibilities in the financial statements on 31 December 2020 was EUR 20.2 million. The responsibilities concerned preparing for the restoration of old landfills and decontaminating soil.