Climate finance must move beyond commitments to deliver tangible investments in sustainable urban transport. Electrifying public transport buses offers a high-impact opportunity, as their relatively high daily vehicle-kilometres travelled (VKT) can deliver greater emissions reductions and fuel savings compared to other road vehicle segments. Beyond improving air quality and strengthening energy security, electric bus (e-bus) adoption also have the potential to reduce operating costs and create green economic opportunities. However, deployment across many emerging economies remains constrained by high upfront costs, limited access to affordable financing, and challenges in developing bankable projects.
Using Indonesia as a case study, this panel will examine the financing gap between climate ambition and e-bus implementation and explore how climate finance can be better translated into bankable investments, drawing on experiences from other regions. The objective is to identify scalable financing approaches that can move e-bus commitments into implementation and demonstrate how effective climate finance can deliver simultaneous climate, fiscal, economic, health and energy-security benefits.
Panelists:
ITDP Indonesia