The aim of the Municipal Investment Financing (MIF) Programme is to increase the ability of local governments and other sub-sovereign entities to address key urbanization challenges through access to sustainable sources of capital financing. The Programme will improve resilience and quality of life in LDC cities in Africa and Asia, especially for the poor. Specific objectives include (i) improving access to capital for investment in critical urban infrastructure and services in LDC cities targeted by the program, (ii) creating or strengthening financial markets and market intermediaries so that they can facilitate capital access for cities, and (iii) establishing policies, standards, and practices that improve the efficiency and effectiveness of the capital financing process in beneficiary countries.