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The Cities Climate Finance Leadership Alliance (CCFLA) has recently published its report on the “Summary of Good Practice of Successful Project Preparation Facilities,” which highlighted CDIA’s approach and success stories in supporting subnational project preparation in Asia and the Pacific. The report was produced by GIB, FDMV and ICLEI, with support from the GIZ and GIB.
With the aim to profile the experiences of project preparation facilities (PPF) and recommend comprehensive courses of action to support project preparation in cities, this publication presented three case studies from which analyses of the project preparation tools, approaches, main bottlenecks and solutions were drawn, as supplemented by highlights from expert interviews. CDIA, together with US India Clean Energy Finance Facility (USICEF) and the Emerging and Sustainable Cities Initiative (ESCI) were the foci of the three studies.
The report is centered on the three PPFs that are active at the subnational level, where project implementation takes place. It has also explored solutions and suggested recommendations showing how risk mitigation instruments, project structuring and fair public-private partnership models could be combined and tailor-made to specific project characteristics.
Furthermore, information sharing among PPFs and with project developers and finance institutions was identified as key to spreading success stories and sharing successful approaches to better support infrastructure project preparation. In response to this, at the World Urban Forum in Kuala Lumpur last month, members of the CCFLA Working Group, of which CDIA is an active member, came up with a joint declaration of intent towards intensified knowledge exchange and learning among PPF and other organizations.
Click here to read the report.