Project Bank for the Green and Resilient Cities Program (PCVR)
In recent years, Brazil has made significant progress in advancing its urban climate mitigation and adaptation agenda, driven by initiatives such as reformulating the National Climate Plan and strengthening the Climate Fund. Despite these advancements, a central challenge remains: Identifying urban projects with the potential to mobilize technical and financial support on a national scale.
The Project Bank for the Green and Resilient Cities Program (PCVR) was developed by the Ministry of Environment and Climate Change (MMA), in partnership with the Cities Climate Finance Leadership Alliance (CCFLA), with support from the University of Brasília (CDS/UnB) during its first call for project submissions.
The PCVR Project Bank was created as a demand-mapping tool to address this challenge and fulfills two key functions:
- Ecosystem overview: The PCVR Project Bank provides a comprehensive view of the landscape of urban project development in Brazil, helping identify priorities, trends, needs, and gaps that inform public policies and investment decisions.
- Coordination tool: By consolidating initiatives at different stages of development into a single platform, the PCVR Project Bank facilitates coordination among governments, technical partners, and financiers, expanding project visibility and opening pathways to technical assistance, funding, and opportunities for implementation.