The City Climate Finance Gap Fund
Cities too often struggle with developing climate-friendly and resilient infrastructure. Especially in the global south, cities frequently lack the capacity, finance and support needed for the early stages of project preparation. This leads to impasses where cities cannot move project ideas to late-stage preparation and implementation. The Gap Fund paves the way for cities to deliver ambitious infrastructure development for low-carbon, resilient and livable cities. It provides technical assistance for early-stage planning and project preparation. It unlocks a pipeline of financially viable urban investments that contribute to local transformation, global climate goals and green recovery. The Gap Fund was announced at the United Nations Climate Action Summit 2019 and is under the lead of the World Bank and the European Investment .
This brochure gives a brief overview of the objectives, the requirements for an application and how to contact the Gap Fund.
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