TRANSfer Project | Towards climate-friendly transport technologies and measures → Shaping the role of climate finance for sustainable transport: → What are the levers and how to make them work? → Final Report The Project Context The Project Context The TRANSfer project is run by GIZ and funded by hensive set of measures (events, trainings, facilitation the International Climate Initiative of the German of expert groups, documents with guidance and les- Ministry for the Environment, Nature Conservation, sons learned). Building and Nuclear Safety (BMUB). Its objective is To encourage NAMA development worldwide, to support developing countries to develop and im- TRANSfer has set out to develop a first set of so-called plement climate change mitigation strategies in the MRV blueprints for transport NAMAs – a description transport sector as„Nationally Appropriate Mitigation of the MRV methodology and calculation of emission Actions“ (NAMAs). The project follows a multi-level reductions for different NAMA types in the transport approach: sector. • At country level, TRANSfer supports selected Activities at country and international level are clo- partner countries in developing and implementing sely linked and designed in a mutually beneficial way. NAMAs in the transport sector. The NAMAs While specific country experience is brought to the in- supported by the project cover a broad variety of ternational stage (bottom-up) to facilitate appropriate approaches in the partner countries Indonesia, the consideration of transport sector specifics in the clima- Philippines, South Africa, Peru and Colombia. te change regime, recent developments in the climate • At international level and closely linked to the UN- change discussions are fed into the work in the partner FCCC process, the project helps accelerate the lear- countries (top-down). ning process on transport NAMAs with a compre- For more information see: www.transport-namas.org Disclaimer The analysis, results and recommendations in this paper represent the opinion of the author(s) and are not necessarily representati- ve of the position of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH or BMUB. Partial or total reproduction of this document is authorised for non-profit purposes, provided the source is acknowledged. Acknowledgement Author: Adnan Rahman, Christopher Porter, Suseel Indrakanti, Jamie Osborne, Iris Ortiz (Cambridge Systematics) Manager: André Eckermann We would like to express our special thanks to all those who reviewed and commented the draft version of this report: Laura Würtenberger, Stefan Bakker, Cornie Huisenga. Contents Glossary ..........................................................................................................................................................08 Executive Summary ....................................................................................................................................12 Report Objective .....................................................................................................................................................12 Case Studies .............................................................................................................................................................12 Recommendations for Climate Finance .........................................................................................................12 1. Introduction ............................................................................................................................................15 1.1 Objective ............................................................................................................................................................15 1.2 Scope ...................................................................................................................................................................15 1.3 Selecting the Case Studies ...........................................................................................................................16 2. Overview of Transport and Climate Finance ...............................................................................18 2.1 Financing Transport Infrastructure Projects ..........................................................................................18 2.1.1 Assembling a Funding/Finance Package ...................................................................................18 2.1.2 Funding/Revenue Sources ..............................................................................................................19 2.1.3 Finance Mechanisms .........................................................................................................................20 2.1.4 Role of Climate Finance ....................................................................................................................21 2.2 Funding and Financing Other Transport Measures ............................................................................24 2.2.1Clean Vehicle and Fuel Technology...............................................................................................24 2.2.2 Policy and Plan Development ........................................................................................................24 2.3 Sources of Climate Finance ..........................................................................................................................25 3. Case Studies ............................................................................................................................................29 3.1 Sustainable Urban Transport Project, Lanzhou, China .......................................................................29 3.1.1 Case Study Description ....................................................................................................................29 3.1.2 Financing and Funding ....................................................................................................................30 3.2.3 Greenhouse Gas Benefits.................................................................................................................31 3.2.4 Conclusions ..........................................................................................................................................31 3.2 National Public Transport Programme, Colombia ...............................................................................32 3.3.1 Case Study Description ....................................................................................................................32 3.3.2 Financing and Funding ....................................................................................................................32 3.3.3 Greenhouse Gas Benefits.................................................................................................................33 3.3.4 Conclusions ..........................................................................................................................................34 3.3 E-Trikes, Manila, Philippines .........................................................................................................................35 3.3.1 Case Study Description ....................................................................................................................35 3.3.2 Financing and Funding ....................................................................................................................36 3.3.3 Greenhouse Gas Benefits.................................................................................................................37 3.3.4 Conclusions ..........................................................................................................................................37 3.4 Green Trucks Project, Guangdong, China ...............................................................................................38 3.4.1 Case Study Description ....................................................................................................................38 3.4.2 Financing and Funding ....................................................................................................................39 3.4.3 Greenhouse Gas Benefits.................................................................................................................40 3.4.4 Conclusions ..........................................................................................................................................40 3.5 EcoParq On-street Parking Management Project, Mexico City, Mexico ......................................40 3.5.1 Case Study Description ....................................................................................................................40 3.5.2 Financing and Funding ....................................................................................................................41 3.5.3 Greenhouse Gas Benefits.................................................................................................................41 3.5.4 Conclusions ..........................................................................................................................................42 3.6 Fuel Economy Policy, Chile ...........................................................................................................................42 3.6.1 Case Study Description ....................................................................................................................42