Objective:

• Promote circular economy practices and integrated waste management at the city level.
• Implement climate-oriented reform actions at the state level.
• Strengthen institutions and disseminate knowledge at the national level.

Period of Scheme – The scheme will be implemented from 2023 to 2027 for a period of 4 years.

Components:

• Financial and technical support for climate resilience projects in 18 smart cities.
• Support for states and union territories in establishing climate centers, data observatories, and capacity building.
• Interventions to enhance climate governance at the central, state, and city levels.

Collaboration with

• French Development Agency (AFD),
• Kreditanstalt für Wiederaufbau (KfW),
• European Union (EU), and
• the National Institute of Urban Affairs (NIUA)

Funding:

• Loan of Rs. 1,760 crore (EUR 200 million) from AFD and KfW.
• Technical assistance grant of Rs. 106 crore (EUR 12 million) from the EU.

Impact:

• Complements India's climate initiatives and contributes to sustainable habitat, urban development, and cleanliness missions.
• Aligns with India's commitments under INDCs and COP26.