Sustainable Urban Development Project Investment Pipeline Facility – The Cities Investment Facility
The proposed Cities Investment Facility (CIF) is a pioneering investment platform combining partners from the private and public sectors, to catalyse investments that will help achieve the urban dimensions of the Sustainable Development Goals (SDGs). The platform will mobilise US$500 billion for hundreds of SDG compliant municipal- and UNHabitat originated urban development projects in emerging and frontier markets. The CIF will target priority sectors in the post-COVID19 world such as affordable housing; informal settlement upgrading; water and sanitation infrastructure; urban mobility; and waste management. The facility follows the UN mandate to Leave No One Behind, and takes a whole-of-society approach when preparing projects. The blended finance structure of many of the projects is designed to catalyse and derisk low return projects in order to make a significant contribution to achieving the SDGs by 2030.