Energy Focused Urban Development Funds

The main objective of the study is to provide guidance to MAs, prospective UDF managers, co-investors and other stakeholders on how they can use Energy Focused UDFs to implement EE and RE projects as part of an integrated strategy to promote sustainable urban development.To this end, Arup has performed extensive desktop and consultation-based research combined with in-house industry-based and technical knowledge, to devise three Framework Models for Energy Focused UDFs. The Models identified are intended to be practical guidelines on the governance structures, UDF investment strategies, and regulatory issues that MAs and other stakeholders can consider when structuring their UDFs, based on leading practice from both JESSICA and non-JESSICA funds investing in urban EE and RE projects.