About
At a glance
The City Climate Finance Gap Fund help cities to take climate action.
Donor funds committed
Donors financing approved
cities supported
Priority sectors
Climate-smart urbanisation
Urban climate resilience and adaptation
Water and sewerage
Urban mobility
Energy efficient affordable housing
Our donors
Germany and Luxembourg are the first countries to contribute to the EIB-managed City Climate Finance Gap Fund.
Sustainable Development Goals
Donor-financed operations through our trust funds make a direct contribution to several of the UN’s Sustainable Development Goals (SDGs). Our collective actions unlock billions of euros in investment to combat climate change, eradicate poverty and fight inequality. These are some of the global goals targeted by our trust fund.
Donor-funded instruments
The EIB uses donor funds to enhance the development impact of investment projects. The City Climate Finance Gap Fund provides technical assistance and advisory services to cities.
Eligibility
Cities in countries that are eligible for official development assistance, according to the OECD’s Development Assistance Committee list, may receive funding from the City Climate Finance Gap Fund for urban climate action projects.
They include countries in Africa, Asia, the Caribbean, the EU’s Neighbourhood, Latin America and the Pacific.
Key publications
Trust funds in action
Resources for development finance are limited. Find out how EIB Global works with 12 trust funds to increase amounts available, support a wide variety of projects and make a positive impact.
Gap Fund overview
This flyer provides an overview of the trust fund's activities in 2023.
The City Climate Finance Gap Fund
The City Climate Finance Gap Fund, or the Gap Fund, supports cities with early-stage technical assistance for low-carbon, climate-resilient urban development plans and projects.