Result Briefs August 24, 2018

Building Resilient Transport in Sao Paulo Brazil: $300 million in Sustainable Development Bonds

Image

Results from the World Bank Treasury

  • Purpose: Support the State of Sao Paulo in improving and building resilience of the transportation system to climate change and natural disasters.
  • IBRD Financing: $300 million
  • Expected Results: 50% road fatality reduction in the 100 most critical spots; Increase share of trade transported by waterways; Monitoring of climate risk through a more complete set of automatic monitoring stations; More municipalities with disaster risk mapping.

Country Challenge

The State of Sao Paulo accounts for 33% of Brazil’s total GDP; its 41 million inhabitants have the highest per capital income in the country.Yet, the state still faces excessive economic concentration near the main cities, an overused road network prone to congestion, accidents, and vulnerable to natural disasters; and flash floods and landslides in poorer areas resulting from recurring extreme climatic events.

Project Goals

The project improves transport and logistics, efficiency and safety by rehabilitating networks, and increasing the share of waterway transport. In addition, it supports zoning, environmental management, and climate resilience by developing disaster response plans for the transport sector in selected regions; reviewing road design and operation specifications; and, preparing prevention and contingency plans.


$300 million

Learn more about the role of IBRD Financing and how the World Bank Treasury contributes to the overall mission of the World Bank Group.