📋 Tender Overview
Countries
Brazil, Colombia, Indonesia, Mozambique, South Africa
THIS is funding
19,968,470.00 €
Duration
11/2022 till 12/2028
Status
open
Implementing organisation
AFD - French Development Agency
Political Partner
Department of Forestry, Fisheries and the Environment (DFFE) - South Africa
Financial Superintendency of Colombia
Ministry of Finance - Indonesia
Ministry of Integration and Regional Development (MIDR) - Brazil
Ministry of Land and Environment - Mozambique
Implementing Partner
Brazilian Development Bank
C40 Cities Climate Leadership Group
Development Bank of Latin America (CAF) - Latin America
Development Bank of Southern Africa (DBSA)
PT Sarana Multi Infrastruktur
The Eastern and Southern Africa Trade and Development Bank
Cities generate around 70% of the global greenhouse gas emissions and face various challenges for developing and funding climate-smart projects. National development banks (NDBs) are well positioned to support those projects, as they are ideally placed to de-risk or cover upfront costs, can provide local currency and can leverage locally adapted financial instruments. However, NDBs face barriers in supporting the urban sector, among which the limited capacity of Cities to develop feasibility studies and projects pipe-line coupled with the lack of favourable regulatory and institutional frameworks which limit the cities financial autonomy and planning. The NUCA Programme will address these shortcomings by developing strategic urban climate financing pipelines for cities supported by appropriate financial products, building capacity within NDBs and cities, and working with regulators on improving framework conditions for urban climate finance by NDBs and mobilizing private sector
