The Climate Resilient Investment in Cities (CIVIC) programme platform is a global project embedded in the policy field of "Sustainable Urban Development". It offers partner cities in the focus regions of Africa, Asia and Latin America a holistic range of support along the value chain of sustainable urban infrastructure, including a link to finance sources. The implementation of CIVIC consists of the Cities Finance Facility (CFF) and the Covenant of Mayors in Sub-Saharan Africa (CoM SSA) initiatives. It is carried out in strategic partnership with the international city networks C40 and CoM SSA.
The CFF facilitates access to finance for climate change mitigation and adaptation projects in urban areas by providing technical assistance to develop cities" climate action priorities into finance-ready investment proposals. The CFF delivers technical-financial project preparation in accordance with IFC Performance Standards. Beyond, the CFF supports its partner cities in linking their projects to finance. Finally, the CFF has a strong focus on capacity development amongst City´s employees and fosters knowledge sharing.
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The project preparation facility is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) and the Foreign, Commonwealth and Development Office (FCDO). The fourth phase of CFF is starting in November 2024 and is expected to end in December 2027 with an estimated budget of EUR 20m and the possibility of an extension. Implementation will be in cities of the C40 network and other cities in ODA-recipient countries in Africa, Latin America, and Asia.
The CFF is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH together with the C40 Cities Climate Leadership Group (C40).
Problem and potential analysis, program objective and description of the area of intervention
Cities play a crucial role in reducing greenhouse gas emissions and promoting resilient development. In particular, the urban sect