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1 day ago80 million euros e-bus fund launched in Brazil, aiming to introduce more than 1,700 vehicles by 2030 - Sustainable Bus
An EUR 80 million Brazil E-Bus Credit Enhancement Fund has been established to accelerate the deployment of electric buses across Brazilian cities, aiming to introduce more than 1,700 vehicles and associated charging infrastructure by 2030. The fund, unveiled at the COP30 Local Leaders Forum, is expected to mobilize roughly EUR 450 million in private lending. The initiative was launched by Bloomberg Philanthropies in partnership with Brazil's Ministry of Cities and Ministry of Environment and Climate Change, BTG Pactual, the Mitigation Action Facility (MAF), and WRI Brasil.
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