CITIES INVESTMENT FACILITY

CITIES INVESTMENT FACILITY

With the population in cities worldwide growing by 1.5 million each week, about 68% of the world’s population shall live in cities by 2050. 90% of this urban growth will occur in developing countries in Asia, Africa, the Middle East, and Latin America. City infrastructure enables economic activity and growth, yet this rapid urbanisation and infrastructure growth in the world’s poorest cities is fuelling an annual infrastructure financing gap in excess of US$3.2 trillion per year globally.

WHAT IS CIF?

The Cities Investment Facility (CIF) is a multistakeholder initiative centered around unlocking significant capital flows to urban impact projects, by supporting their processes of ideation, design, financing, and implementation, using a series of partnership-based instruments.

It is a platform that connects investors with sustainable city projects to build a more resilient and liveable urban future.

Through its three pillars – Cities Investment Portal, Cities Investment Advisory Platform and Cities Investment Vehicles – CIF helps prepare upstream infrastructure projects at the (pre) feasibility stage to become “bankable” and connect them with investors. By convening and preparing a pipeline of SDG compliant bankable infrastructure projects, this new facility makes a significant contribution to achieving the UN’s Agenda 2030.

This facility complements existing investment facilities by looking at enhancing early-stage design and origination particularly in secondary cities in frontier and emerging markets. It is further unique in its focus on the broad range of the SDGs, urban masterplan-integrated projects, and its global scope with a project pipeline spanning across three main regions and ten sub-sectors.

Submit a sustainable urban infrastructure project

The Cities Investment Facility (CIF) invites governments (National/State/Local), project promoters and developers working on public infrastructure projects, UN Regional officers and key CIF focal points to submit investable urban development projects to join the CIF pipeline.

Selected projects will be showcased at the 11th Session of the World Urban Forum (WUF11) in 2022, and will actively participate in all 3 pillars of CIF in the following ways:

• Projects will be showcased on the Cities Investment Portal (CI Portal), which allows city officials to reach out to a global audience of investors and access a community of stakeholders at the ideation stage.

• Projects will work with the Cities Investment Advisory Platform (CIAP), an initiative providing advisory services on upstream project preparation, bankability, and SDG-impact.

• Projects will access the Cities Investment Vehicles (CI Vehicles), who are brokers or funds that provide diverse and blended sources of capital to enable cities to begin implementing their projects

Submit your project here: https://citiesinvestmentfacility.org/submit-your-project/