Funding

Funding

Funding is available from Multilateral Development Banks MDBs), Global Partnerships and Bilateral Agencies. MDBs primarily provide loan funding for urban mobility projects but many also provide funding for project preparation and technical assistance. Global Partnerships and Bilateral agencies provide funding for project preparation and training. Some may also provide funding for project development and implementation in association with the MDBs.


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Multilateral Development Banks

Asian Development Bank (ADB) | Manila, Philippines

ADB is working with its member countries to develop comprehensive and integrated transport systems in many of Asia’s growing cities. Priority is given to public transport, walkways, cycle paths, and efficient traffic management systems.

Corporación Andina de Fomento (CAF) | Caracas, Venezuela

CAF is a development bank owned by 19 countries (17 in Latin America and the Caribbean plus Spain and Portugal) as well as 13 private banks in the region. It promotes a sustainable development model through credit operations, non-reimbursable resources, and support in the technical and financial structuring of projects in the public and private sectors of Latin America.

European Bank for Reconstruction and Development (EBRD) | London, UK

The EBRD supports development in more than 30 countries from Central Europe to Central Asia. Over 2.5 billion people per year are currently using improved urban transport measures financed by the EBRD.

European Investment Bank (EIB) | Luxembourg

The promotion of sustainable urban mobility (including active modes like walking and cycling) is extensively supported by the EIB in coherence with EU policy. Projects are expected to help in reducing congestion and negative environmental externalities whilst also delivering wider social and economic benefits through either, the promotion of a modal shift from private cars to more sustainable transport modes and/or improvements in transport efficiency, including intermodality, automation, digitalization and conversion to zero-emission vehicles.

Inter-American Development Bank (IDB) | Washington DC, USA

The IDB supports initiatives aimed at promoting urban mobility according to the following six principles:

  1. productive, which favors efficient use of road space;
  2. clean, which mitigates the problems of pollution and climate change;
  3. multimodal, and integrated with the urban environment;
  4. inclusive, affordable and safe for all;
  5. innovative in the testing and adoption of new technologies; and
  6. governable, transparent and fiscally sustainable.

World Bank | Washington DC, USA

The World Bank assists client countries and cities in developing urban transport projects and policies that support both public and non-motorized transport. A common goal is to protect and develop public transport services and non-motorized transport modes, with underlying meta-objectives of social equity and environmental sustainability, along with the strengthening and capacity building of public institutions involved in urban transport.


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Global Partnerships

Transformative Urban Mobility Initiative (TUMI) | Bonn, Germany

The Transformative Urban Mobility Initiative (TUMI) was established by the German Government and since its launch in October 2016 it has trained over 1,500 urban mobility decision-makers and provided seed funding to scale-up and replicate innovative pilot projects. TUMI brings together a community of international partners including the Asian Development Bank (ADB), the Development Bank of Latin America (CAF), C40 Cities Climate Leadership Group, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Local Governments for Sustainability (ICLEI), the Institute for Transportation and Development Policy (ITDP), the German Development Bank (KfW), the Partnership on Sustainable Low Carbon Transport (SLoCaT), UN-Habitat and the World Research Institute (WRI). It has led to an estimated commitments of EUR 1.4 billion towards financing large-scale urban mobility improvement projects.


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Bilateral Agencies

Agence Française de Développement (AFD) | Paris, France

AFD supports mobility systems that combine infrastructure, services and regulations to ensure that each actor can travel with efficient, equitable and sustainable solutions. AFD has committed 1.1 billion euros for sustainable urban development and to support local authorities in 2019.

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH | Bonn, Germany

GIZ supports its partners in the development of sustainable mobility. In doing so, it relies on the Paris Climate Convention and the "New Urban Agenda", the global roadmap for sustainable urban development.

Kreditanstalt für Wiederaufbau (KfW) | Frankfurt, Germany

On behalf of the German Federal Government, KfW Development Bank administers Germany’s official Financial Cooperation in more than 100 developing and transition countries in Africa, Asia, South and Central America, the Middle East and the Caucasus.


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