FMDV is a global network of local and regional governments initiated by the members of United Cities and Local Governments (UCLG) and METROPOLIS, with the mission to develop and promote investment and financing solutions for urban development.

Both a network of expertise and an incubator for operational strategies, FMDV is presented as an instrument for technical assistance and financial engineering and promotes a holistic approach to financing, working at all levels of intervention and with all the actors.

Based on a multistakeholder approach, the network works in partnership with all the actors involved in local development financing issues: national and local governments, bilateral cooperation, the United Nations, regional organisations, development banks, investors, private banks, foundations, research centers and universities, citizen organisations and companies.