About

The Climate Project Preparation Facility (CPPF) aims to support Indian cities in delivering climate-focused urban projects through public private partnerships and other instruments for attracting private capital. It involves the creation of a Climate-focused PPP Project Preparation Facility that will provide technical and transaction advisory services to cities and states across the entire project development spectrum, covering conceptualisation, project design and DPR preparation, financial structuring, contract development and successful bid out through appropriate PPP models.

CPPF will focus on innovative project structuring to facilitate flow of private capital to climate-responsive urban projects, thereby opening the market for critical infrastructure projects that are otherwise considered risky, non-bankable and untenable from a PPP perspective

Assistance Criteria

The facility would require continued financial commitments, budgetary allocations, and project approvals from the city during various stages of the proposal development. This would also include the payment of a nominal fee (~ ₹4 lakh or USD 4800) to the facility to increase the city’s ownership of these projects.

Countries

Support

The CPPF delivers a comprehensive suite of services to participating cities. This includes advisory support at every phase of project preparation, the appointment of transaction advisors to carry out rigorous due diligence, and technical assistance in shaping the project structure for investment readiness.

Application Process

Cities or Urban Local Bodies (ULBs) interested in engaging with the CPPF initiate the process by expressing their interest in developing climate-aligned projects. Once engaged, the facility collaborates closely with the city throughout the entire project preparation lifecycle, offering “handholding” support—from initial ideation all the way through to readiness for implementation. As part of this collaboration, the CPPF appoints a Transaction Advisor (TA) who oversees detailed transaction advisory services—including economic, financial, environmental, and social due diligence. Crucially, city governments are also expected to demonstrate local commitment through budget allocations, approvals, and a nominal fee of approximately ₹4 lakh (or USD 4800) to reinforce ownership of the process.