CAF will reach 35% green financing in 2024
November 19, 2024
The first urban mass transportation system accredited under the Clean Development Mechanism (CDM) of the Kyoto protocol in the world, was developed by Transmilenio in Bogota and CAF; they also achieved the first certifications of emission reductions - CER - for this sector in the framework of the CDM.
September 30, 2013
This system contributes to the reduction of global warming and represents a new infrastructure conception and development for mass transportation in Colombia.
The new Transmilenio CDM project includes phases II to IV (does not include phase I), has 130 km. of dedicated lanes for 1,200 articulated buses, and 500 feeder buses with a capacity to mobilize 1.8 million passengers daily. Transmilenio is the mass transportation system of Bogota.
In 2012, Transmilenio, which is the main transportation system in the city, mobilized 547 million passengers. It contributes with the reduction of greenhouse gas emissions as a result of greater efficiency and better urban mass transportation technology.
The initiative is the first of this type worldwide within the CDM of the Kyoto Protocol, and its contribution to the environment is globally recognized. This is due to the application of an innovating methodology developed by CAF and Transmilenio which is a pioneer in mass transportation and urban mobility.
With a methodology approved by the Executive Board of the CDM, CAF demonstrated how CO2 emissions are reduced, and opened the space worldwide so that other mass transportation projects may participate in the mechanism. Currently, close to 11 projects in Asia and Latin America have been developed under this scheme. The Transmilenio project contributed with the reduction of 511,423 tons of carbon dioxide (CO2) between 2006-2012. CO2 is the most abundant greenhouse gas in the planet.
Transmilenio's success has become a world model for urban mobility, which is being reproduced in different cities around the world. In Latin America, the following stand out: Metrobus in Mexico DF, BRT Macrobus in Guadalajara, Mexico, BRT Metroplus in Medellin, Colombia, BRT in Guatemala City, Metrovia in Guayaquil, and the Lima Metropolitano, among others.
November 19, 2024
November 19, 2024
November 19, 2024