Global Facility to Decarbonize Transport (GFDT)

Annual Reports


GFDT Annual Report 2025 cover

2025 Annual Report

The 2025 GFDT Annual Report covers January 1, 2025, to December 31, 2025. Throughout the year, GFDT-funded activities delivered advisory services to 58 government entities, provided technical assistance or capacity building in over 30 countries, and supported the preparation of 20 flagship studies, tools, and strategies. This upstream work catalyzed six World Bank-financed transport investments under implementation, with three additional operations under preparation—representing $3.6 billion in current and anticipated financing. These results underscore GFDT’s catalytic impact: for every $1 disbursed, $105 has been mobilized in World Bank financing for transport decarbonization, rising to $328 as projects advance and additional financing is unlocked.

2024 GFDT Annual Report Cover

2024 Annual Report

The 2024 GFDT Annual Report covers the period from January 1, 2024 to December 31, 2024. Throughout 2024, GFDT-funded activities delivered advisory services to 55 government entities, provided technical support to 28 countries, and produced or are developing 48 flagship reports, technical studies, and transport decarbonization roadmaps. This work has mobilized two approved World Bank-financed green mobility investments, with eight more in preparation.

 

GFDT-funded activities are projected to avoid ~508,000 tonnes of CO₂ equivalent (tCO₂e) from the two approved investments, rising to ~3 million tCO₂e when including the additional eight in preparation.

 

These GFDT-supported green mobility projects demonstrate the multiplier effect of GFDT’s approach: for every $1 invested into GFDT, $63 has been mobilized in World Bank financing for transport decarbonization, and an $149 additional is on track to be mobilized, resulting in a total expected leveraging ratio of 1:212.

 

GFDT Annual Report 2023

2023 Annual Report

The 2023 Annual Report of the Global Facility to Decarbonize Transport (GFDT) covers the period from September 1, 2022 to December 31, 2023. This is GFDT’s first annual report.

 

During the reporting period, GFDT-funded activities engaged 13 countries and 94 government entities via advisory services, technical support or capacity building; published numerous action plans, strategy documents, and policy recommendations; and informed and enhanced 8 World Bank lending operations under preparation, and 12 operations under implementation.

 

In addition, GFDT allocated $3.2 million in grants to seven activities, which are expected to catalyze $480 million in World Bank financing for green mobility projects.



Logo of the Global Facility to Decarbonize Transport (GFDT)

About the Program

The Global Facility to Decarbonize Transport (GFDT) is a multi-donor trust fund that accelerates innovation and investment in low-carbon mobility solutions.
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Shokraneh Minovi
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