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    Low-carbon bus NAMA

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    Vietnam.png
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    Description

    Overview
    Sector Transport
    Focus area
    (no data)
    Type of action Strategy/Policy
    Scope National
    Stage Under development
    Submitted to UNFCCC registry No
    Start of initiative 2014
    Financing and support details
    Financing status Seeking financing
    Total cost US$ 4076 mln
    Financing requested US$ 376 mln
    Financing received to-date
    (no data)
    Principal source of financing Multilateral
    Principal type of financing Grant
    Capacity building required Yes
    Technology transfer required Yes
    Additional information
    Proponent(s) Ministry of Transport, Ministry of Environment and Natural Resources
    International funder(s) UNDP, KfW
    Organization providing technical support GIZ
    Contact
    (no data)
    Objective:

    The objective of the NAMA is to reduce emissions in the urban transport sector.

    Activities: (2016 - 2030)
    The NAMA aims to materialise GHG reduction potentials through:

    • utilisation of more efficient bus technologies
    • increase of bus occupancy rates
    • shift from private transport to public transport.

    The NAMA has 3 main components:

    • Low-carbon bus technologies, with the introduction of 200 hybrid and 50 plug-in hybrid buses by 2020
    • Operational efficiency improvements, with the introduction of fuel efficiency measures in bus fleets and bus route optimisation in 3 pilot cities, 25% and 50% of the potential of the national public transport fleet harnessed by 2025 and 2030, financial and technical assistance to bus operators and cities
    • Public transport system improvement by technical assistance for public transport planning, data and MRV/monitoring system for cities, integration of different modes of transport, and national policies that support cities

    Impact and MRV

    pChart

    Cumulative GHG reductions: 5 MtCO2e
    Mitigative capacity:

    No information has been provided on mitigative capacity

    Co-benefits:

    Social: * noise reduction
    • quality of life improvement
    Economic: Information has not been provided
    Environmental: Information has not been provided

    MRV Framework:
    No MRV plan has been defined


    References

    USD 15 million incentive fund provides full up-front differential costs for 250 low carbon buses, USD 30 million credit finance and bus operators’ own capital, USD 5 million technical assistance, USD 326 million grant finance, USD 3,700 million credit and own capital