Strengthening municipal capacities for investment planning and financing

From 21 to 24 April 2026, FELICITY II sup­port­ed the “Bud­get Made Acces­si­ble” Ideas Res­i­den­cy in Lviv, bring­ing togeth­er rep­re­sen­ta­tives of munic­i­pal­i­ties, local com­mu­ni­ties, and experts for a prac­ti­cal exchange on local finance, project prepa­ra­tion, and resource mobil­i­sa­tion.

Work­ing with real exam­ples from the Lviv munic­i­pal­i­ty, par­tic­i­pants explored bud­get­ing process­es, the use of open data, mech­a­nisms for access­ing grants and loans, and the prepa­ra­tion of infra­struc­ture projects from con­cept to imple­men­ta­tion. The pro­gramme pro­vid­ed prac­ti­cal insights into how com­mu­ni­ties can strength­en their finan­cial plan­ning and improve their readi­ness to attract exter­nal fund­ing.

“Today, it is impor­tant for com­mu­ni­ties not only to have ideas, but also to under­stand how to imple­ment them. At FELICITY II, we are work­ing to ensure that finan­cial instru­ments help com­mu­ni­ties move from plan­ning to imple­men­ta­tion, and we are also strength­en­ing their capac­i­ty to pre­pare and man­age invest­ment projects,” says Oksana Oliynyk, Head of the Ukraine Com­po­nent.

By sup­port­ing ini­tia­tives such as the Ideas Res­i­den­cy, FELICITY II con­tributes to strength­en­ing local capac­i­ties for prepar­ing invest­ment-ready infra­struc­ture projects and improv­ing access to sus­tain­able financ­ing mech­a­nisms.

FELICITY II is an inter­na­tion­al ini­tia­tive sup­port­ing sus­tain­able urban infra­struc­ture devel­op­ment in East­ern Euro­pean and Cen­tral Asia coun­tries, aim­ing to reduce green­house gas emis­sions. The pro­gramme pro­vides tech­ni­cal and ana­lyt­i­cal assis­tance to munic­i­pal­i­ties to help them design and imple­ment cli­mate-friend­ly invest­ments in water sup­ply, waste­water man­age­ment, and ener­gy-effi­cient build­ings. 

FELICITY II is imple­ment­ed by Deutsche Gesellschaft für Inter­na­tionale Zusam­me­nar­beit (GIZ) GmbH in coop­er­a­tion with the Euro­pean Invest­ment Bank and with the sup­port of the Ger­man Fed­er­al Gov­ern­ment, under the frame­work of the Inter­na­tion­al Cli­mate Ini­tia­tive (IKI).