Bus Rapid Transit (BRT) is a high-capacity public transport service that generally runs on dedicated lanes, offering fast and consistent journey times. BRT is enjoying growing popularity in Africa, where six systems are already operational and another ten are under development.
The World Bank and its new Global Facility to Decarbonize Transport (GFDT) are working toward innovative solutions that will help reduce the climate footprint of transport while boosting economic growth and development.
The GFDT provides the World Bank with a vehicle to deliver catalytic funding to formulate, innovate, and scale up support to client countries to decarbonize transport and build resilience, while also meeting growing mobility needs.
Transport accounts for 20% of the world’s greenhouse gas emissions and, with urbanization and motorization on the rise in developing countries, this could grow to 60% by 2050. The Global Facility to Decarbonize Transport is designed to accelerate investments and innovation.
This series of reports and events delivers practical recommendations for scaling up low-carbon transport, with a focus on overcoming investment barriers and developing innovative financial instruments.