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Sustainable Urban Transport Project
The Sustainable Urban Transport project is a proposed programme in the Philippines designed to decarbonize the transport sector by scaling the production and uptake of electric vehicles (EVs) and promoting non-motorized transit. With a total indicative cost of USD 248,195,408, the project seeks USD 186,627,231 from the Green Climate Fund to overcome high upfront capital costs and limited domestic manufacturing capacity. Key objectives include deploying 3,000 e-jeepneys and 5,500 e-trikes, conducting a feasibility study for Electric Bus Rapid Transit (eBRT), and developing financing mechanisms through the Land Bank of the Philippines (LANDBANK). The project expects to reduce emissions by 708,250 to 991,550 tCO2-eq over its lifespan and create direct employment for approximately 100,000 beneficiaries.
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Document type: Report
GOF PHASE II Proposal
The GOF Phase II proposal seeks to raise USD 3-5 million in grant funding to leverage USD 15-20 million in private capital for green SMMEs in South Africa. Building on Phase I, which created 946 green jobs and achieved a 5x catalysation multiplier, the fund aims to de-risk investments in innovative green sectors to drive job creation. GreenCape serves as the fund manager, with design support from the Anglo American Foundation and evaluation from the Global Energy Alliance for People and Planet.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Briefing