City Bridge Investment Facility
A partnership between UNCDF and ICLEI
Driving Urban Prosperity
Catalyzing city friendly financing for a Just and Green Future
The City Bridge Investment Facility targets the infrastructure funding shortfall in secondary cities of Developing Countries, bridging the gap by fostering a supportive city friendly financing. By leveraging diverse conditions, it aims to unlock substantial financial resources for transformative projects, driving a locally led, equitable just and sustainable green transition.
This investment facility offers a comprehensive suite of support, including technical assistance, policy advise, transaction structuring, loans, and guarantees, tailored to the needs of cities, local and regional governments. Leveraging a range of financing instruments such as the European Fund for Sustainable Development Plus (EFSD+) Sustainable City Guarantee Facility and the International Municipal Investment Fund (IMIF), alongside other city-friendly mechanisms, it ensures the most appropriate financing solutions.
Our approach involves:
The City Bridge Investment Facility is a pioneering finance mechanism designed to attract both public and private sector capital, scaling up finance aligned with the Sustainable Development Goals and the Paris Agreement to address the needs of cities, local and regional governments. With its flexible financing approach, it represents a significant step towards fostering a just and green transition and serves as a game-changer for sustainable financing at the local level.
GET THE LATEST UPDATES TO YOUR INBOX