LAIF finances projects that increase or improve sustainable and low carbon emission transportation systems in communities or regions with undeveloped infrastructure, contributing to the Sustainable Development Goal 11 (Make cities inclusive, safe, resilient and sustainable).
Relevant sub-sectors financed include:
Road infrastructure, passenger road transport, road safety.
Rail infrastructure, rail equipment, locomotives, other rolling stock; including light rail (tram) and underground systems.
Harbors and docks, harbor guidance systems, ships and boats; river and other inland water transport, inland barges and vessels.
Airports, airport guidance systems, aeroplanes, aeroplane maintenance equipment.
Public transport services
Administration of affairs and services concerning public transport.
Transport policy and administrative management
As a component of transport infrastructure, transport sector policy, planning and programs; aid to transport ministries; institution capacity building and advice; activities that combine road, rail, water and/or air transport. Includes prevention of road accidents.
As a component of transport infrastructure, supervision and regulation of users, operations, construction and maintenance of transport systems (registration, licensing, inspection of equipment, operator skills and training; safety standards, franchises, tariffs, levels of service, etc.).
Education and training in transport and storage
As a component of transport infrastructure, education and training for sector professionals and service providers.