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Call for Innovative Financing Solutions for Sustainable Cities in Europe

5 September 2019

The City Finance Lab (CFL) 2nd call for proposals is finally open. The EU-supported City Finance Lab created this new opportunity to fund innovative financing solutions for sustainable cities.

The CFL is calling on interested cities, city and financial networks, utilities, financial institutions, and any other municipal finance practitioner to

Now more than ever before, cities must be prepared to deal with the risks and impacts of climate change by moving to more sustainable, zero-carbon and resilient pathways. Through the City Finance Lab, we enable the deployment of city finance solutions in such a way that is joined up, scaled up, and adds up to actions and initiatives that keep us well within the 2 ˚C global warming threshold," says Teodora Virban, Project Manager, City Finance Lab, EIT Climate-KIC.


The  call for proposals runs until 31st October 2019 and finalists will be announced by mid-December 2019. Proponents of selected ideas will receive up to EUR 75,000 in-kind support to develop their proposals through technical advisory from city finance experts. Selected proponents will also have the opportunity to showcase their plans to potential partners and investors to promote investments in critical urban climate mitigation, adaptation and resilience projects in European cities. 


More information available here.