New bus fleet form Jordan capital under EBRD Green Cities programme
Jordan’s capital city Amman is to procure a new bus fleet, including zero emission vehicles, as part of the European Bank for Reconstruction and Development’s (EBRD) Green Cities urban sustainability programme.
In the first Jordanian project under the initiative, the EBRD is providing a €14.8mn financial package for the acquisition of a new bus fleet that will consist of 15 zero emission electric buses, the first of their kind in Jordan, and 136 Euro V diesel buses. The electric buses will be financed with €2.8mn from the EBRD and the same amount from the Green Climate Fund (GCF), while the diesel buses will be purchased with a €12mn EBRD loan.
Compared to the current fleet, the new vehicles will reduce greenhouse gas (GHG) emissions and air pollution.
News Item details
Journal title: Petroleum Review
Countries: Jordan -
Subjects: Banking, finance and investment, Road transport, Electric vehicles, Diesel, Emissions, Alternative fuels, Low carbon