$82.2 million
Funding proposals are processed in batches every year. Duration of approval process varies according to transaction processing timelines by the trust fund team and by the project team. Contact ADB for more information.
Fund Team: Ma. Victoria Antonio - vantonio.consultant[at]adb.org
URTF is a multi-donor trust fund under the Urban Financing Partnership Facility that aims to build the capacity of cities and the relevant national and subnational urban agencies, communities, and the private sector to integrate climate resilience into their policies and to support them to develop and effectively implement a pipeline of resilience projects through public or private investments.
United Kingdom
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
ADB's Urban Infrastructure Steering Committee makes recommendations on fund proposals.
General Criteria:
- Alignment with the objectives and thematic areas of the Fund,
- Consistency with ADB's Strategy 2030 and with ADB's Country Partnership Strategies, as well as contribution to ADB's climate finance targets,
- Impact potential on reducing vulnerabilities of people and ecosystems to climate change shocks and stresses in urban areas, and on addressing poverty alleviation and gender issues,
- Impact potential on DMC city and national level policies and programs through sustainable institutional reform, domestic resource mobilization and shift in budgetary allocations,
- Value-addition, complementarity and linkages to the ADB loan components should be clearly demonstrated in the use of URTF resources for investment grants, and
- Co-financing of the URTF investment grant component/s through the ADB loan and/or other external resources.
Each proposal should also demonstrate one or more of the following supplementary criteria to be eligible:
(a) Alignment with the development strategies and programs of the supported cities,
(b) Systemic change potential for climate resilience including mitigation, adaptation and disaster risk management that has potential to create innovative learning and best practice to influence the larger loan investment beyond business as usual in ADB operations,
(c) Transformational impacts at scale through catalytic support and viability gap funding for innovations (contrary to business as usual) on integrated planning, policy and institutional strengthening and addressing underlying causes of inequality,
(d) Volume of investment (public, private, domestic, or international) mobilized or influenced,
(e) Results management with clear indicators and outcomes, and
(f) Economic cost and benefit of resilience interventions, and co-benefits.
South Asia, East Asia, and the Pacific
Contact ADB for more information. Please note, funding is only available to pre-selected countries. See the eligible countries field for more information.