|Focus area|| |
|Type of action||Strategy/Policy|
|Submitted to UNFCCC registry||No|
|Start of initiative||2012|
|Financing and support details|
|Financing status||Seeking financing|
|Total cost|| |
|Financing requested||20 mln|
|Financing received to-date||14.9 mln|
|Principal source of financing||Multilateral|
|Principal type of financing||Grant|
|Capacity building required||Unknown|
|Technology transfer required||Unknown|
|Proponent(s)||Ministry of Transport, Ministry of Housing|
|International funder(s)||NAMA Facility|
|Organization providing technical support||Center for Clean Air Policy|
The Colombian NAMA supports the transformation of urban development in Colombia by demonstrating how transit-oriented urban development can reduce the growth in car traffic by 25–36% and simultaneously improve air quality.
TOD focuses public and private development around transit stations to create neighbourhoods where people can safely walk, live, work, shop and play.
TOD will enhance the benefits of national investments in public transit – increasing ridership and financial sustainability – and leverage substantial funding for low-income housing.
The core of the NAMA is an independent Center for the Promotion of Transit-Oriented Development, housed within the Columbian development bank Findeter, which would provide technical and financial assistance on TOD implementation, based on locally-articulated needs.
The transport sector is the fastest-growing sector in terms of greenhouse gas emissions in Colombia. Urban areas suffer from growing traffic congestion, poor air quality and significant road safety concerns.
The Colombian government believes that a more holistic approach to transport planning and deployment is required, with better coordination of land-use and transport systems, and integration with social housing policy. Public and private investments (through Public Private Partnerships) will be channelled into showcase projects across a range of locations and intervention types.
Thus the project will promote better-designed, walkable, transit-oriented neighbourhoods and will contribute to reduced household transport costs, better access to jobs and services and improved social inclusion in the respective area.
Impact and MRV
|Cumulative GHG reductions: 5.5 MtCO2e|
|Social:|| Improved health through reduced air pollution
|Economic:|| Information has not been provided
|Environmental:|| Reduced air pollution
No MRV plan has been defined