| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 250.00 |
| Local Govts. (Prov., District, City) of Borrowing Country | 864.00 |
Low Carbon Transition of Urban Mobility in Yichang (Hubei)
Abstract*
China is both a major contributor to rising global greenhouse gas emissions causing climate change and negatively affected by its adverse impacts. As the world’s largest emitter, accounting for 31 percent of CO2 (2021), China’s contribution to reducing global climate risks and achieving the Objectives of the Paris Agreement is indispensable. China has made ambitious commitments to peak carbon emissions by 2030 and achieve carbon neutrality by 2060... Show More
Development Objective
To improve low carbon mobility and accessibility, and reduce carbon emissions from road transport in Yichang
Key Details
Project Details
P172388
Active
Nupur Gupta , Xiaoke Zhai
People's Republic of China
May 17, 2022
(as of board presentation)
May 31, 2024
December 12, 2024
US$ 3625.00 million
Yichang Transport Bureau
2024
US$ 250.00 million
N/A
N/A
December 31, 2029
Yes
BANK APPROVED
November 11, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 250.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 250.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 3625.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 31, 2024 | IBRD-96820 | Loan Commitment | 250,000,000.00 |
Ratings
Results Framework
No data available.