What is it about
This guide examines how Project Preparation Facilities (PPFs) can help small and intermediary cities in low- and middle-income countries (LMICs) access financing for climate infrastructure projects. These cities, which account for much of future urban growth, face significant barriers such as limited capacity, small project size, and low creditworthiness, making it difficult to attract investment. PPFs play a key role by providing technical assistance, improving municipal creditworthiness, and helping cities prepare bankable projects that align with climate and development goals.
When to use it
When preparing climate-resilient infrastructure projects that require external financing.
When strengthening municipal capacity and project design.
When addressing barriers such as small project size, limited skills, or weak creditworthiness in intermediary cities.
When expanding access to climate finance in underserved urban areas.