E-Mobility Program for Sustainable Cities in Latin America and the Caribbean Multiple Countries

The E-Mobility Program for Sustainable Cities in Latin America and the Caribbean is a 450 million USD initiative (200 million USD from GCF) designed to accelerate the transition to commercial electric vehicles (EVs) and enhance the climate resilience of urban transport systems. The program focuses on high-utilization commercial vehicles, including buses, taxis, trucks, and vessels, while excluding private passenger cars. It integrates EV deployment with sustainable urban mobility measures, such as cycle lanes and pedestrianization, and explores advanced technologies like green hydrogen and vehicle-to-grid (V2G) systems to improve grid stability. The program targets nine countries: Barbados, Chile, Colombia, Costa Rica, Dominican Republic, Jamaica, Panama, Paraguay, and Uruguay. Key goals include reducing GHG emissions by 7.55 million tCO2e and benefiting approximately 8.9 million people through adaptation measures.

• The program aims to reduce greenhouse gas emissions by 7,547,602 tCO2eq over the asset lifetime of the investments.
• The total financing for the program is 450 million USD, with 200 million USD requested from the GCF and 250 million USD in co-financing from the IDB and national sources.
• The program targets a total of 8,890,000 beneficiaries for adaptation measures, consisting of 1,446,298 direct and 7,443,703 indirect beneficiaries.
• The program is structured into four components: increasing climate resilience of urban transport infrastructure, V2G and green hydrogen pilot projects for grid resilience, electrified integrated urban mobility, and technical assistance.
• The program specifically targets commercial EVs, including buses, taxis, institutional fleets, trucks, and vessels, while explicitly excluding private passenger cars and motorcycles.
• Battery Electric Vehicles (BEVs) in the program countries are estimated to reduce GHG emissions on a well-to-wheel basis by approximately 80% compared to fossil units, based on an average carbon intensity of electricity of 0.243 kgCO2e/kWh.
• The program identifies several barriers to EV deployment, including high upfront costs, low profitability, long payback times, and a lack of conducive business models and policies.
• The program includes a gender action plan to address differentiated travel patterns and increase economic opportunities for women in the electromobility sector.
• The program's initial sub-project pipeline includes e-bus projects in Panama City, Manizales, and Asuncion, as well as e-taxi projects in the Dominican Republic and electric vessel pilots in Cartagena and Costa Rica.

APA

Green Climate Fund (2022). E-Mobility Program for Sustainable Cities in Latin America and the Caribbean Multiple Countries. https://www.greenclimate.fund/sites/default/files/document/fp189-idb-multiple-countries.pdf

Chicago

Green Climate Fund. E-Mobility Program for Sustainable Cities in Latin America and the Caribbean Multiple Countries. 2022. https://www.greenclimate.fund/sites/default/files/document/fp189-idb-multiple-countries.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=E-Mobility Program for Sustainable Cities in Latin America and the Caribbean Multiple Countries |date=9 August 2022 |url=https://www.greenclimate.fund/sites/default/files/document/fp189-idb-multiple-countries.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2022emobility, author = {{Green Climate Fund}}, title = {{E-Mobility Program for Sustainable Cities in Latin America and the Caribbean Multiple Countries}}, institution = {Green Climate Fund}, year = {2022}, month = aug, url = {https://www.greenclimate.fund/sites/default/files/document/fp189-idb-multiple-countries.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }