A Sustainable Asset Valuation of the Mass Rapid Transit System in Bogota, Colombia
Summary
The Sustainable Asset Valuation (SAVi) of Bogota's Metro Line 1 indicates the project is highly profitable, with discounted net benefits ranging from USD 2,051 million to USD 6,177 million depending on the modal shift from private transport. The assessment highlights significant added benefits in retail revenues, public health improvements from reduced air pollution and increased physical activity, and reduced traffic congestion. The project's integrated benefit-cost ratio is estimated between 1.5 and 1.9 per USD 1 invested.
Key insights
- The Metro Line 1 MRT system is projected to be highly profitable, with cumulative discounted net benefits (2022–2058 at 3.5%) of USD 2,051 million in a scenario with an 8% modal shift from private transport and USD 6,177 million in a scenario with a 16% modal shift.
- The integrated benefit-cost ratio for the project is 1.5 per USD 1 invested under the 8% modal shift scenario and 1.9 per USD 1 invested under the 16% modal shift scenario.
- The most significant positive added benefits identified are the increase in retail revenues near MRT stations and health improvements resulting from lower air pollution and higher levels of physical activity.
- The MRT system is designed as a fully electric and automated elevated line connecting the city centre with northern and southern districts to reduce congestion and improve access to employment.
Cite the original document
- APA
- Bassi,, M. K. N. C. (2024). A Sustainable Asset Valuation of the Mass Rapid Transit System in Bogota, Colombia. International Institute for Sustainable Development. https://www.iisd.org/publications/report/savi-mass-rapid-transit-system-bogota-colombia
- Chicago
- Bassi,, Michail Kapetanakis,Nathalia Niño,Liesbeth Casier,Andrea. A Sustainable Asset Valuation of the Mass Rapid Transit System in Bogota, Colombia. International Institute for Sustainable Development, 2024. https://www.iisd.org/publications/report/savi-mass-rapid-transit-system-bogota-colombia.
- Wikipedia
- {{cite report |last1=Bassi, |first1=Michail Kapetanakis,Nathalia Niño,Liesbeth Casier,Andrea |title=A Sustainable Asset Valuation of the Mass Rapid Transit System in Bogota, Colombia |publisher=International Institute for Sustainable Development |date=1 March 2024 |url=https://www.iisd.org/publications/report/savi-mass-rapid-transit-system-bogota-colombia |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{bassi2024sustainable, author = {Bassi,, Michail Kapetanakis,Nathalia Niño,Liesbeth Casier,Andrea}, title = {{A Sustainable Asset Valuation of the Mass Rapid Transit System in Bogota, Colombia}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = mar, url = {https://www.iisd.org/publications/report/savi-mass-rapid-transit-system-bogota-colombia}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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