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GFDT Grant Paves Way for $150 Million Project in Lima, Peru

ľ¹ÏÓ°Ôº approved the first phase ($150 million loan) of a 10-year program to transform urban mobility in Lima. A GFDT grant in 2023 prepared the technical and conceptual groundwork for this long-term investment. The initial $150 million loan will implement modern traffic light systems, an automated traffic violation detection system, 50 kilometers of bike lanes, and traffic calming zones in five municipal districts.

With Bus Rapid Transit, African Cities Are Riding Toward a Better Future

Bus Rapid Transit (BRT) is a high-capacity public transport service that generally runs on dedicated lanes, offering fast and consistent journey times. BRT is enjoying growing popularity in Africa, where six systems are already operational and another ten are under development.

An Upgraded Rail Line Focuses on Passengers and Climate in Metropolitan Buenos Aires

An updated railway line will provide densely populated communities with fast, reliable transit.

Changing the Way We Move: A Win-Win for Climate and Development

ľ¹ÏÓ°Ôº and its new Global Facility to Decarbonize Transport (GFDT) are working toward innovative solutions that will help reduce the climate footprint of transport while boosting economic growth and development.

Transport accounts for 20% of the world’s greenhouse gas emissions and, with urbanization and motorization on the rise in developing countries, this could grow to 60% by 2050. The Global Facility to Decarbonize Transport is designed to accelerate investments and innovation.

Transport Decarbonization Investment series (TDI)

This series of reports and events delivers practical recommendations for scaling up low-carbon transport, with a focus on overcoming investment barriers and developing innovative financial instruments.