LAIF City Life: Sustainable Cities Projects Identification Strategic Facility

Urban development
COUNTRIES
Brazil, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Paraguay, Peru
DATES
Dec/2019 - Aug/2024 ONGOING
PROJECTED TOTAL INVESTMENT SIZE
€ 306 200 000
EU CONTRIBUTION
€ 5 200 000
SECTOR
Urban development
TYPES OF SUPPORT
Technical Assistance
DESCRIPTION

The aim of the Facility is to establish a strategic partnership between the European Commission, AECID and other LACIF-assessed financial institutions, to channel the Commission’s resources towards the identification and design of projects aimed at increasing the sustainability and resilience of cities in Latin America. The strategic Facility will finance project identification activities and the different steps leading to the design of comprehensive investment projects, capacity building activities and knowledge management, to build up bankable projects.

RESULTS
Generating information necessary for preparing and designing future investment projects to be financed by AECID and possibly other international financial institutions, and enhancing the capacities of the entities in charge of designing, supervising or implementing the projects.
LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS