KfW Launches Promotional Programmes for Sustainable Mobility

KfW Launches Broad-Based Promotional Programmes for Sustainable Mobility

  • Low-interest loans for companies and municipalities to invest in sustainable mobility
  • Promotion of climate-friendly vehicles as well as infrastructure measures and sustainable digitalisation of mobility
  • Loan of up to EUR 50 million per project and term of up to 30 years for the standard variant
Sustainable MobilityKfW is supporting companies to invest in sustainable mobility with a broad range of promotional programmes

© KfW

The transport sector has a key role to play in the transformation to a climate-neutral society. There is a particularly high need to reduce carbon dioxide emissions in this area. On behalf of the German Federal Ministry for Digital and Transport (BMDV), KfW is now supporting companies, municipalities and municipal companies in investing in sustainable mobility with a broad range of promotional programmes. The new sustainable mobility investment loan offers low-interest financing for pedestrian and cycling infrastructure, climate-friendly passenger and freight transport vehicles, such as local public transport, rail and waterway transport and investments in the necessary infrastructure. Digitalisation projects that contribute to reducing greenhouse gas emissions, such as those that network existing mobility services, are also promoted. The requirements for the eligible measures under the new programme are based on the criteria defined in the EU taxonomy. For example, the new programme will support buses, trams and subways for local public transport, as well as trains and inland vessels, if their direct carbon dioxide emissions are zero.

source= https://railway-news.com/kfw-launches-promotional-programmes-for-sustainable-mobility/