Urban Project Finance Initiative

Climate Objective
Adaptation
Mitigation
Sectors and Themes
Cities
Energy
Industry and Infrastructure
Transport
Water
Type of Support Provider
Multilateral
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
Fund Size

EUR up to $500,000

Co-financing Requirement
No
Region
Europe and Central Asia
Middle East and North Africa
The Urban Projects Finance Initiative (UPFI) supports project promoters in the Southern and Eastern Mediterranean regions as well as in the Western Balkans, helping them to prepare and to finance ambitious urban development projects, which aim to create jobs, to reduce poverty and to upgrade the urban fabric.
 
This tool, developed specifically to respond to regional urban issues, is implemented in 13 countries in North Africa, in the Middle East, and in Eastern Europe, thus facilitating the exchange of experiences and the strengthening of urban expertise.
Support Provider

Agence Francaise de Development, European Investment Bank, European Commission, Union for the Mediterranean

Purpose of Support
Strengthening enabling environments and stakeholder capacity
Funding Type
Grants
In-kind contributions
Eligible Countries

Eastern Europe, Middle East and North Africa