FELICITY: Sustainable solutions for cities

Climate change and the unprecedented growth of cities, especially in emerging economies and developing countries, require increased investments in sustainable infrastructure projects that reduce greenhouse gas (GHG) emissions.

Yet, cities face significant barriers to prepare bankable projects, secure finance and implement such projects.

To address these challenges the Financing Energy for Low-carbon Investment - Cities Advisory Facility (FELICITY) provides advisory services and capacity building tailored to the needs of municipalities and financial intermediaries in Brazil, Mexico, Ecuador, and Indonesia.

What types of support do we offer

Guidance on the technical, financial and economic feasibility of investments planned in cities, procurement procedures as well as advice on a project’s social and environmental soundness to potentially meet the EIB’s requirements for financing.
Capacity development for municipalities to develop bankable projects and access international finance, especially for the purpose of addressing climate change.
Facilitate knowledge exchange across countries and regions on the preparation of low-carbon infrastructure projects and conducive regulatory environments.

What is eligible

FELICITY supports the preparation of infrastructure projects in cities resulting in GHG reduction. The following urban sub-sectors are eligible under FELICITY:

residential and public buildings
district heating and cooling networks
public lighting systems
public transport and infrastructure
waste and waste water treatment

The projects requesting support should be in line with urban development plans and not yet considered ready for financing.

The cities we support

Brazil

Mexico

Ecuador

Indonesia

Our partnerships

The regional development bank BRDE for Southern Brazil signed a climate action framework loan with EIB to on-lend financing with FELICITY’s support.

Banco Regional de Desenvolvimento do Extremo Sul

FELICITY is active in the Cities Climate Finance Leadership Alliance (CCFLA), a knowledge platform on subnational climate finance at the global level.

Cities Climate Finance Leadership Alliance

Related publications

About FELICITY

FELICITY is a joint initiative of the European Investment Bank (EIB) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). It is funded by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).

FELICITY: Sustainable solutions for cities

What types of support do we offer

What is eligible

The cities we support

Brazil

Porto Alegre, Brazil

Florianópolis, Brazil

Maringa, Brazil

Mexico

Mexico City, Mexico

Naucalpan, Mexico

Ecuador

Antonio Ante, Ecuador

Atacames, Ecuador

Jipijapa, Ecuador

Indonesia

Metropolitan Makassar, Indonesia

Batam City, Indonesia

Our partnerships

Related publications

Lessons learned by FELICITY

2018: Record number of EIB operations in Latin America

Financing sustainable development in Latin America

About FELICITY