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Urban Projects Finance Initiative (UPFI)

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Urban Projects Finance Initiative

The Union for the Mediterranean, the European Union, Agence Française de Développement and the European Investment Bank have joined forces to build a successful transition towards sustainable Mediterranean cities.

The Urban Projects Finance Initiative (UPFI) supported public project promoters in the southern and eastern Mediterranean, helping them to prepare and finance ambitious and innovative urban development projects, which aim to create jobs, reduce poverty and upgrade the urban fabric.

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