The Cities Investment Facility (CIF) is an innovative, multi-stakeholder initiative centered around unlocking investment in urban infrastructure projects in low- and middle-income markets that have traditionally struggled with project preparation and bankability. This is achieved by using a series of partnership-based instruments to support project promoters with (i) marketing of their projects to a global audience of construction finance providers; (ii) advice regarding the ideation, feasibility, development, and financial closure processes; and (iii) funding (both grant and private capital) for these processes, with the ultimate goal of securing construction financing from other external lenders and investors.
