ID: GEF-10276 Ongoing

Electrifying Mobility in Cities: Investing in the Transformation to Electric Mobility in India

Timeline

0% - To be confirmed

Objective

To enable the GoI and relevant stakeholders to make the transformative shift to de-carbonize transport systems, catalyse access to finance for a large-scale adoption of EV across vehicle segments and reduce air pollution in cities by promoting scale-up of electric mobility(1) in India

Co-financing:

$ 162,780,000

Project Grant:

$ 2,146,791

Total Value:

$ 164,926,791

Portfolio:

Climate Change Mitigation

Country:

India

Partners:

Energy Efficiency Services Ltd. (EESL), National Institution for Transforming India (NITI) Aayog

Implementing Agencies:

UNEP; ADB

Project Contact:

Send an email to the project contact

Project Documents:

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The Global Environment Facility (GEF) is a multilateral fund dedicated to confronting biodiversity loss, climate change, pollution, and strains on land and ocean health. Over the past three decades, the GEF has provided more than $22 billion in financing and mobilized another $120 billion for more than 5,000 national and regional projects.