LIMA TRANSPORT

The parallel GEF funds will help facilitate greenhouse gas reduction from ground transport in the Metropolitan Area of Lima-Callao through contributing to the promotion of a long-term modal shift to more efficient and less polluting forms of transport, such as non-motorized transport and high-capacity public transport vehicles operated on segregated bus ways.The project GEF specific objectives are: (i) rationalization of public transport capacity by providing financial incentives (Credit Guarantee Fund) to retire old buses; (ii) rehabilitation and expansion of the existing bikeway network in Lima and Callao and promotion of bike use; (iii) delivery of an institutional strengthening program on sustainable transport, targeting municipalities and institutions dealing with environmental issues and/or transport planning; and (iv) to assess and monitor the GEF project global consequences.