WB · Korea- WB Partnership Facility (KWPF) · GCF project

Bhutan Green Transport Project (BGTP)

Financing
USD 29.5mClimate finance commitment
Status
UnknownNA
Period
—
Scope
Regional

About the project

improve access to opportunities for residents of Thimphu and provide reliable, safe and green urban mobility, particularly along the North–South corridor and in the city centre Implementation modality: NIM Type of support: Mitigation Use, impact and results: To develop greener and more sustainable urban transport in Thimphu through improved public transport, electric buses, bus-priority infrastructure, pedestrian facilities and intelligent transport systems. The project is expected to reduce greenhouse gas emissions from the transport sector, improve mobility and accessibility, and encourage a shift from private vehicles to low-carbon public and non-motorised transport. Project component/outputs: Priority Bus Service Pedestrianisation of Norzin Lam Institutional/technical support

Funding

SourceTypeFacilityAgencyAmount
WBClimate financeIDA—USD 5.0m
Korea- WB Partnership Facility (KWPF)Climate finance——USD 975k
GCFClimate finance——USD 23.5m

Amounts are commitments, not disbursements.

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