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    The Urban Projects Finance Initiative (UPFI) supports project promoters in the Southern neighbourhood and the EU Enlargement countries to prepare and to finance urban development projects.

    The initiative’s objectives are job creation, poverty reduction and urban upgrade. It also seeks to facilitate the exchange of expertise in the field of urban development among the beneficiary countries.

    UPFI is a joint initiative of the Union for the Mediterranean, the French Agency for Development (AFD), the European Investment Bank and the European Commission.

    EIB Global

    For more than 50 years, the EIB has been the European Union’s international development bank. Our key investments across the world help create stability, promote sustainable growth and fight climate change everywhere.