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Financing Energy for Low-carbon Investment - Cities Advisory Facility (FELICITY)

As of: July 2018

Objective and activities

The emissions mitigation potential of sustainable energy systems in cities cannot be realised despite an increase in the supply of financial instruments. Cities and municipalities in developing countries often lack the knowledge, capacities for the development of bankable projects as well as adequate framework conditions for the fulfillment of international loan requirements. The Gesellschaft für Internationale Zusammenarbeit (GIZ) and the European Investment Bank (EIB) plan to establish an Advisory Facility at the EIB with the aim to address these challenges. FELICITY supports the implementation of mitigation measures in cities and communities by: 1. Demand-oriented consulting for cities to acquire and use funds; 2. Capacity building in local governments; 3. Policy advice at national level on framework conditions for international climate financing; 4. Knowledge management on financing mechanisms; Development of relevant instruments and methodologies (e.g. Nationally Determined Contributions/NDC). 

Project data

Country:
worldwide, Brazil, China, Mexico

Implementing organisation:
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Partner institution(s):
  • Ministry of Cities Brazil, Secretariat of Finance and Public Credit (SHCP) - Mexico
  • European Investment Bank

BMU grant:
€ 5,600,000

Duration:
03/2017 till 02/2020

Website(s):



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