Implementation of the NDCs in the Urban Mobility Sector in LAC
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 creates a working pipeline of projects, which leads to more effective and sustainable efforts in the development of a portfolio of sustainable transport projects.
The programme, implemented by KfW and co-implemented by CAF, also fosters a regional dialogue forum to improve relevance and implementation of the international policy framework. This allows for knowledge exchange between the countries and increases visibility and adherence to the Paris Agreement commitments.
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
