CAF Presents Sustainable Transport Project in Chile

CAF

With the objective of promoting the use of zero or low emission technologies in urban mobility in Chile, the GEF project “Support to the Chilean Sustainable Public Transport Strategy (CLETS)” was launched.

The activity was attended by the Minister of the Environment, Maisa Rojas; the Minister of Transport and Telecommunications, Juan Carlos Muñoz; the executive director of the Chilean Agency for International Development Cooperation, Enrique O’Farrill; and the corporate vice-president of strategic programming of CAF, Christian Asinelli.

The project seeks to promote Chile’s new regulatory and normative frameworks to combat climate change, such as the recent Framework Law on Climate Change, by promoting sustainable mobility systems.

Sound Regulations

The Minister of the Environment, Maisa Rojas, emphasized that “as a country we have the Framework Law on Climate Change that establishes the goal of being carbon neutral and climate resilient by 2050 at the latest, for which we need to change the way we eat, dress, produce energy and, of course, how we move around the city.

For his part, the Minister of Transport and Telecommunications, Juan Carlos Muñoz, commented that in order to advance towards the goal of carbon neutrality established in the Framework Law on Climate Change, the actions that can be taken in the area of transport are fundamental.

Read also: Enerlink Secures Capital Investment for Electromobility Transition in Chile and the Region

“That is why we developed the National Strategy for Sustainable Mobility, which has as its main objective the proposal of a roadmap whose focus is on avoiding, changing and improving, strategic components of mobility and transportation,” he explained.

Along the same lines, the executive director of the Chilean Agency for International Development Cooperation, Enrique O’Farrill, commented that they greatly value the contribution made by the Global Environment Facility and the Andean Development Corporation to develop the project.

CAF
From left: Maisa Rojas; el ministro de Transportes y Telecomunicaciones, Juan Carlos Muñoz; el director ejecutivo de la Agencia Chilena de Cooperación Internacional para el Desarrollo, Enrique O’Farrill y el vicepresidente corporativo de programación estratégica de CAF, Christian Asinelli | Foto: CAF

CAF’s Corporate Vice President for Strategic Programming, Christian Asinelli, emphasized that Latin America and the Caribbean have notable comparative advantages for promoting sustainable transportation and, specifically, electric mobility, a mode of transportation that can lay the groundwork for decarbonizing the sector.

“This project, which is part of CAF‘s strategy to work with the countries of the region in their decarbonization processes through the mobilization of green funds and the creation of enabling conditions, will contribute to the decarbonization of the transport sector in Chile,” he said.

Project Details

The plan has a grant of USD $2.9 million, provided by the Global Environment Facility (GEF), executed through a cooperation agreement signed between CAF Development Bank of America and the Caribbean.

In recent years, Chile has made a series of international and national commitments regarding climate change and sustainable development, such as its commitment to the Nationally Determined Contribution, the Sustainable Development Goals (SDGs) and the Climate Change Law.

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