Project Description
The Project will contribute to GHG emission reductions targeted by the governments of Colombia and South Africa by promoting green investments in cities in sectors such as buildings, energy, transportation, waste, and water. Activities will include working with local governments to develop green investment pipelines, as well as local financial intermediaries on financing programs to support implementation. IFC’s Global APEX Green Cities software is central to the Project as a tool to help identify, assess, and prioritize green city actions, including policies, planning, and investments, based on carbon savings, energy savings, and cost, among other indicators.