City Climate Finance Gap Fund launches to support Climate Smart Urban Development

Download logoThe Gap Fund offers technical and advisory services for climate action projects; supporting cities in developing and emerging economies; unlocking at least €4 billion of final investment

Today, the City Climate Finance Gap Fund (“The Gap Fund”) was launched jointly by ministers and directors of the Governments of Germany and Luxembourg together with the World Bank, European Investment Bank and Global Covenant of Mayors. It paves the way for low-carbon, resilient

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