Urban Financing Partnership Facility: Semi-Annual Report 2016

Abstract

This mid-year report covers the period January to June 2016. It describes the activities undertaken by Urban Environmental Infrastructure Fund (UEIF) and the Urban Climate Change Resilience Trust Fund (UCCRTF) in the first half of the year, and a brief overview of the activities under the Cities Development Initiative for Asia (CDIA) program as it transitions into a trust fund under UFPF. The Urban Environmental Infrastructure Fund (UEIF) has been instrumental in seeing through the completion of three initiatives in various states and cities in India. The funding extended under direct charge financing translated into the provision of technical support and capacity building activities aimed at assisting states carry out India’s national flagship urban programs. Areas covered include solid waste management, water supply, and wastewater, among others. On the implementation of investment grants, substantial gains have been achieved in terms of the completion of project activities. Although there were some delays experienced, overall implementation progress remains to be on the positive side.