Four-country initiative invites cities to develop new financing tools
The EU and UNDP launched an innovative-finance challenge on October 16 for cities in Armenia, Moldova, North Macedonia and Ukraine. Applications close on…
The EU and UNDP launched an innovative-finance challenge on October 16 for cities in Armenia, Moldova, North Macedonia and Ukraine. Applications close on November 13.
Selected cities can receive up to US$20,000 plus technical support, with a minimum 10% local contribution in cash or in kind. Implementation is planned for January–November 2027, helping municipalities develop financing solutions suited to local needs.
Macedonia Square in Skopje — archival illustration of a city in the initiative’s target region.
Source: www.undp.org.
Photo credit: Bojtren.
Image on Wikimedia Commons — CC BY-SA 4.0. Resized and converted to WebP.
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