Colombia
Cities Bogotá, Cali, Montería and BucaramangaBogotá, Cali, Montería and Bucaramanga all join the C40 Cities Finance Facility in the second phase as the programme expands to 14 new projects to receive funding to support the cities to realise their low carbon and climate resilient projects. Cities globally are recognising the multitude of benefits associated with cycling, including better traffic flow, improved air quality, safer cities and healthier citizens. For too long these benefits have been centered around western Europe. These 4 Colombian cities will look to drastically increase cycling rates in their cities and set a precedent for the rest of Latin America, by making cycling more accessible.
Bogotá, Cali, Montería and Bucaramanga all join the C40 Cities Finance Facility in the second phase as the programme expands to 14 new projects to receive funding to support the cities to realise their low carbon and climate resilient projects. Cities globally are recognising the multitude of benefits associated with cycling, including better traffic flow, improved air quality, safer cities and healthier citizens. For too long these benefits have been centered around western Europe. These 4 Colombian cities will look to drastically increase cycling rates in their cities and set a precedent for the rest of Latin America, by making cycling more accessible.
- Project Scale Deploying at least 3800 publicly accessible bicycles
- Project Objective Creation of a sustainable urban cycling cluster with emphasis in structuring Public Bikeshare Systems (PBS) in Colombia
- Total Population of Bogotá, Cali, Bucaramanga and Montería Over 11.3 Million
The CFF is supporting the cities of Bogotá, Cali, Montería and Bucaramanga to set up one of the CFFs first national clusters, focused around Public Bikeshare Systems. Public bikeshare systems bring a convenient and affordable means of transportation to a city, significantly increasing the share of cycling and its corresponding benefits within the city. Citizens can expect to see improved health, a better quality of life, reduced congestion throughout the city and reduced road infrastructure costs.
The CFF will work with officials in each of the cities to secure the necessary funding to turn the plans for new bike share schemes into reality on the streets. The skills developed during this process will make it easier for Colombian cities to prepare and deliver future sustainable infrastructure projects. The cities will be the first national cluster supported by the CFF, a collaboration which will benefit from economies of scale, allowing more efficient use of cities resources and more effective peer-to-peer learning.
Colombia - Public bike sharing
CFF Colombia_Lessons Learned
CFF Colombia_Género e inclusión
CFF Colombia_Lecciones Aprendidas
The projects will contribute to meeting the NAMA's annual GHG emissions reduction target of:
The city is leading the project’s planning and implementation, while the CFF is currently providing the following support:
- Dedicated technical advisor based within the city administration;
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Support on capacity development regarding managing Public Bikeshare Systems and financially structuring projects;
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Support the development of contractual and legal frameworks including contract models for PPP options and tender documents;
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Legal and institutional analysis;
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System planning and regulation.
The CFF aims to deliver a replicable and innovative model of how to finance cycling infrastructure in developing and emerging countries’ cities. The project will both reduce the city’s greenhouse gas emissions and provide a more sustainable, accessible and resilient public transport system.
Sistema de Bicicletas Compartidas de Bogotá - Informe Técnico
Financing
Bucaramanga Finance Factsheet
Cali Finance Factsheet
Monteria Finance Factsheet
Bucaramanga Impact Brief
Monteria - Impact Brief
Colombia - Impact Brief