STATEMENT: WRI Reacts to $150 Million Investment in Mexico City Sustainable Transport
MEXICO CITY (March 17, 2015)— Today, Mexico City’s Head of Government Miguel Ángel Mancera announced a new partnership with World Resources Institute, World Bank, CAF, and Inter-American Development Bank to invest $150 million in expanding and modernizing sustainable transport systems. The announcement comes after a 60 day period of discussions on the future of Mexico City’s sustainable transport solutions kicked-off on the margins of WRI’s event Transforming Transportation 2015.
As a member of the partnership, WRI’s sustainable mobility initiative, EMBARQ in Mexico, will focus its technical support on finding innovative solutions to the challenge of microbuses. Since 2002, CTS EMBARQ México has been working to help the city make sustainable transport a reality, through the launch of Metrobús in 2005 and its growth to 1 million passengers per day.
Following is a statement from Ani Dasgupta, global director, WRI Ross Center for Sustainable Cities:
“We are excited to join Mayor Mancera, the World Bank and other stakeholders in this important new partnership to find new solutions to address the issue of microbuses. Today’s announcement will dramatically improve the lives of millions of people with cleaner, faster, safer transport, and innovative mobility options. Smarter cities are better for people and the planet. We applaud Mayor Mancera and his government for its leadership in making Mexico City a model for sustainable transport around the world. In this year of the Paris climate conference, the city needs to leverage its significant climate-related achievements and get ready to attract new climate finance”.
About EMBARQ
EMBARQ’s approach to urban transport is now offered by WRI Ross Center for Sustainable Cities, which works to improve life for millions of people worldwide.
About WRI Ross Center for Sustainable Cities
WRI Ross Center for Sustainable Cities works to make urban sustainability a reality. Global research and on-the-ground experience with city and national leaders in Brazil, China, India, Mexico, Turkey and the United States spurs action to improve life for millions of people.
Photo credit: EMBARQ, Flickr