The CFF is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ), the Government of the United Kingdom and the Agence Française de Développement (AFD). It is jointly implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the C40 Cities Climate Leadership Group.
ABOUT THE C40 CITIES FINANCE FACILITY
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federal Enterprise, owned by the German Federal Government. It operates in more than 130 countries in a wide variety of fields from governance and social development to infrastructure and economic development. While the Federal Ministry for Economic Cooperation and Development (BMZ) is GIZ’s main client, it also works for other federal ministries, international donors including the European Union and United Nations agencies, and non-governmental organizations and the private sector. As an active partner in the discussion of international development agendas, GIZ has focused its work, amongst other topics, on sustainable development and climate change resilience.
C40 Cities Climate Leadership Group (C40)
The C40 Cities Climate Leadership Group connects more than 96 of the world’s greatest cities, representing more than 650 million people and one quarter of the global economy. Created and led by cities, C40 is focused on tackling climate change and driving urban action that reduces greenhouse gas emissions and climate risks, while increasing the health, wellbeing and economic opportunities of urban citizens.
German Federal Ministry for Economic Cooperation and Development (BMZ)
The German Federal Ministry for Economic Cooperation and Development (BMZ) develops the guidelines and the fundamental concepts on which German development policy is based. The BMZ’s main focus is on bilateral official development cooperation, i.e. direct cooperation with a partner country. This cooperation may take the form of loans on favourable terms, consultancy and training services, the promotion of private sector investment, grants and scholarships, but also emergency aid. The BMZ commissions the German implementing organisations with executing these projects and programs, and monitors the results of their work. The BMZ also manages Germany's contributions at international level, including its shares in the World Bank and the regional development banks as well as its financial support for the different funds and programmes of the United Nations.
UK Government - Department for Business, Energy and Industrial Strategy (BEIS)
The Department for Business, Energy and Industrial Strategy (BEIS) brings together responsibilities for business, industrial strategy, science, energy and climate change. The department is responsible for developing and delivering a comprehensive industrial strategy and leading the government’s relationship with business; ensuring that the country has secure energy supplies that are reliable, affordable and clean; ensuring the UK remains at the leading edge of science, research and innovation; and tackling climate change.
The French Development Agency (French: Agence française de développement, AFD) is a public financial institution that works to fight poverty and promote sustainable development. It is active in Africa, Asia, the Middle East, Latin America, the Caribbean and the French overseas territories, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet.