Financial advisory service is a complementary service in the context of supporting urban change projects. Financial advisory service opens up access for those in charge of urban reform projects to financing options. Municipalities that do not dispose of sufficient means of their own to implement the projects have to rely on third-party financing. Financial advisory service promotes the implementation of the change projects and hence sustainable urban development.
Connective Cities does not dispose of resources to finance projects, however, can support those responsible in projects to access other financing institutions. This support is performed via information, preparing projects and supporting proposals.
In the context of financial advisory service, processed information on potential financiers for urban change projects is provided according to countries and regions, their financing priorities, prerequisites and application procedures. In the project preparation phase, advice centres on supporting project planning and the compilation of relevant documents and data. Assisting with applications is performed by supporting selected projects in preparing proposals.