| Project Detail |
The GMFA project aims to transform urban mobility in six initial countries to test and expand to the African continent by promoting green mobility solutions for public transport by attracting private investment. The key objectives are to reduce GHG emissions through the deployment of electric buses (e-buses), electric 2-3 wheelers, (E2-3W) and associated charging infrastructure, enhance zero emission, and decrease dependence on fossil fuels. This transformative impact will be achieved by addressing financial and technical barriers through the provision of credit enhancement instruments, technical assistance, and capacity-building initiatives for private operators.
This proposal builds upon the groundwork laid by the GEF-7, which financed key initiatives under the UNEP Global Mobility Programme. These initiatives have been instrumental in enhancing our understanding of e-mobility technologies, including e-buses, charging infrastructure, and e- 2-3 wheelers with battery swapping systems. The insights gained from these GEF-7-financed projects have informed the design and strategic direction of the Green Mobility Facility for Africa (GMFA), enabling us to scale these technologies effectively across the continent and ensure their long-term sustainability and impact.
The approach includes establishing a partnership with UNEP for the enabling environment with supportive policies, creating viable business models, and GEF NGI will focus mobilizing private sector investment. GMFA’s financial instruments with concessional loan from the GEF will help mitigate risks and reduce capital costs, encouraging the adoption of electric vehicles (EVs) across the continent. |
