City Finance Lab

The City Finance Lab is a platform supporting the development of innovative, scalable and replicable financing solutions that increase investment in climate-resilient, low-carbon and green urban projects for sustainable cities.

South Pole, Climate KIC, FMDV, CDP, and GIB
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Verified by South Pole
Dec 02nd, 2021

About

The City Finance Lab is a platform supporting the development of innovative, scalable and replicable financing solutions that increase investment in climate-resilient, low-carbon and green urban projects for sustainable cities.

Assistance Criteria

Relevant – how will your idea finance climate-relevant solutions in cities?

Innovative – how will your idea tackle investment barriers yet to be addressed or do so more effectively than existing approaches?

Transformative – what level of investment could your idea mobilise and does it address issues common to multiple European cities?

Ambition to become financially sustainable – how will you reduce and possibly phase out any public financial support?

Feasible – do you already have close links to one or more cities or other potential implementation partners and investors? If not, which partners do you feel could be interested?

Countries

Support

Up to EUR 80,000 through in-kind support (assigned technical assistance).

Average support time: 1 year

Application Process

1. Call for proposals – annual tender process for innovative, replicable and scalable financing solutions for cities.

2. Selection – CFL’s independent Selection Committee votes for the most promising financing solutions.

3. Technical advisory – Shortlisted ideas benefit from expert analysis and guidance to strengthen their design, find partners and attract potential investors.

The application form can be found on the platform’s website by clicking the blue “submit solution” at the top: https://cfl.southpole.com/

Typical application approval time: 3-4 months