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Gap Fund Partnership with GCOM

Development Objective

The project development objectives are to increase awareness and understanding of the City Climate Finance Gap Fund Multi-Donor Trust Fund and build knowledge on the opportunities and constraints for cities’ low-carbon, climate-resilient development.

Key Details

Project Details

  • P175329

  • Active

  • Jessica Grisanti Bravo , Isabel Margarita Cantada

  • C40

  • World

  • January 27, 2022

  • (as of board presentation)

    June 27, 2022

  • August 12, 2022

  • US$ 2.05 million

  • C40

  • Other

  • 2022

  • US$ 2.05 million

  • N/A

  • Low

  • June 30, 2026

  • Yes

  • BANK APPROVED

  • April 24, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
City Climate Finance Gap Fund Multi-Donor Trust Fund 2.05

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 2.05
Total Project Cost** 2.05

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2025-04-10
Overall Implementation Progress (IP) Satisfactory 2025-04-10

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of cities that participated in awareness raising activities for the City Climate Finance Gap FundValue0.00758.00200.00
    DateJune 14, 2022April 5, 2024December 31, 2024
    Comment
  • Number of cities with enhanced capacity to formulate EOIs for the City Climate Finance Gap Fund that demonstrate potential for climate impact and strategic relevanceValue0.00429.00180.00
    DateJune 14, 2022April 5, 2024December 31, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Core awareness raising materials developedValueNoNoYes
    DateJune 14, 2022September 22, 2022December 31, 2024
    Comment
  • Number of virtual and regional in-person awareness raising events for the City Climate Finance Gap Fund deliveredValue0.0046.0012.00
    DateJune 14, 2022April 5, 2024December 31, 2024
    Comment
  • Number of cities that submitted information on the key challenges they face in developing, financing and implementing climate-smartprojectsValue0.000.00180.00
    DateJune 14, 2022September 22, 2022December 31, 2024
    Comment
  • Number of virtual and regional in-person knowledge sharing activities, including trainings and workshops, on climate-smart development deliveredValue0.0033.0018.00
    DateJune 14, 2022April 5, 2024December 31, 2024
    Comment