81273253-On Demand Experts to Support Cities in Early Stage Preparation of Climate Resilient and Low Carbon Investment Projects in the Transport Sector

The City Climate Finance Gap Fund (‘Gap Fund’) supports cities in low and middle income countries in their development and implementation of climate strategies and investment projects. It provides assistance in the early stages of project preparation, from understanding the context to executing plans: from capacity building to strategy development; from collection of technical data to convening stakeholders; from support on investment prioritization to the early stages of project preparation. By supporting cities in both upstream (supporting strategy development and prioritization of interventions) and downstream (project identification and pre-feasibility) work, the Gap Fund helps reach the climate impact required for achieving global goals to limit temperature increase to 1.5 degrees above pre-industrial levels. The Gap Fund is a partnership among donors: the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), the Federal Ministry of Economic Cooperation and Development (BMZ) and Luxembourg's Ministry of the Environment, Climate and Sustainable Development. Implementors are the European Investment Bank (EIB) in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and the World Bank (WB).