Implementation of the nationally determined contributions (NDCs) in the urban mobility sector in LAC

Transport
DATES
Jun/2023 - Dec/2025 ONGOING
PROJECTED TOTAL INVESTMENT SIZE
€ 43 964 150
EU CONTRIBUTION
€ 4 364 150
SECTOR
Transport
TYPES OF SUPPORT
Investment Grants
Technical Assistance
DESCRIPTION

The programme aims to improve public urban transport and non-motorised systems (walking and cycling) in Latin America´s main cities helping each country achieve its Nationally Determined Contributions (NDCs) to the Paris Agreement commitments, lowering Greenhouse Gas emissions and mitigating climate change impacts.

By providing a clear linkage between investment, project development and NDC targets, the programme will create a working pipeline of projects that will lead to more effective and sustainable efforts in the development of a portfolio of sustainable transport projects.

The programme will also foster a regional dialogue forum to improve relevance and implementation of the international policy framework. This will allow for knowledge exchange between the countries, increase visibility and adherence to the Paris Agreement commitments.

RESULTS

The project is expected to deliver the following:

  • Improve urban transport in Latin America´s main cities
  • Enable the implementation of complex fare structures to target government subsidies and create business models with formalized services that can be centrally optimized
  • Develop a regional forum for policy dialogue
  • Generate additional local investment for urban transport
LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS