FP195
E-Motion: E-Mobility and Low Carbon Transportation
E-Motion: E-Mobility and Low Carbon Transportation
In Panama, Paraguay, and Uruguay, the transport sector accounts for a significant percentage of the countries’ total greenhouse gas (GHG) emissions. GHG emissions from the transport sector are anticipated to rise from present levels to nearly 50 per cent by 2050 unless major action is taken to change the transport emissions trajectory. This involves the development of integrated electromobility ecosystems across various transport modes, which take advantage of Latin America’s low-carbon electricity generation (primarily hydroelectric production and wind and solar power plants) and strong enabling environment for e-mobility.
The Programme aims to strengthen the e-mobility conducive ecosystem at the local, national, and regional levels. It incorporates public and private sector vehicle fleet financing as well as technical assistance activities such as targeted policy advice, business model development, stakeholder management, and capacity building – all of which are gender mainstreamed. The project invests in large scale e-bus fleets, deployment of light electric commercial vehicles, and fast charging infrastructure. By doing so, it will accelerate the deployment of e-mobility solutions, reduce GHG emissions, and connect cities and communities in Panama, Paraguay, and Uruguay through clean, safe, and reliable transportation options.
Project timeline
Pipeline
17 Apr 2021 - 552 days
Funding proposal received
17 Apr 2021
Cleared by GCF Secretariat
05 Aug 2022
Cleared by iTAP
28 Sep 2022
Approved
20 Oct 2022 - 238 days
Approved by GCF Board
20 Oct 2022
Legal opinion on AE's Internal Approval
14 Mar 2023
FAA executed
17 Mar 2023
Under implementation
14 Jun 2023 - 528 days so far
FAA effective
14 Jun 2023
To be completed
14 Jun 2028 - 1,301 days to go
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Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing
Instrument | Amount |
---|---|
Grant | USD 9,821,100 |
Loan | USD 66,795,450 |
Total GCF Financing |
---|
USD 76,616,550 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 121,991,550 |
Co-Financing | Equity | USD 30,443,000 |
Co-Financing | In-kind | USD 1,765,700 |
Co-Financing | In-kind | USD 216,000 |
Total Co-Financing |
---|
USD 154,416,250 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Entity
Corporación Andina de Fomento
Climate Action and Positive Biodiversity, Director
Ciudadela 1235, Montevideo, Uruguay
Climate Action and Positive Biodiversity, Principal Executive
Carrera 9 No 76-49, Edificio ING, piso 7, Bogotá, Colombia
More contacts
National Designated Authority
Ministry of Environment
Climate Change Director
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Head of International Technical Cooperation Office
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Ministry of Economy and Finance
Minister of Economy and Finance
Chile 252 /1220, Asunción, Paraguay
Senior Analyst
Chile 252 /1220, Asunción, Paraguay
Technical Analyst of the Vice Ministry of Economy and Planning of the Ministry of Economy and Finance
Chile 252 /1220, Asunción, Paraguay
Ministry of Environment
Climate Change Director
Zabala 1442, 4th FI, Uruguay CP, 11600, Montevideo, Uruguay
Documents
Title | Type | Date |
---|---|---|
E-Motion: E-Mobility and Low Carbon Transportation | Approved funding proposal | 14 Nov 2022 |
Gender assessment for FP195: E-Motion: E-Mobility and Low Carbon Transportation | Gender assessment | 20 Oct 2022 |
Gender action plan for FP195:E-Motion: E-Mobility and Low Carbon Transportation | Gender action plan | 20 Oct 2022 |
Environmental and social safeguards (ESS) report for FP195: E-Motion: E-Mobility and Low Carbon Transportation | Environmental and Social Safeguards report | 16 Sep 2022 |