Eleven India Cities View for Green Transport Funding

Green Environment Facility has earmarked funds for greenhouse gas reduction and a $25 million corpus out of that is slotted for public transport projects to help reduce emission of greenhouse gases.

Published: 27-Dec-2007

NEW DELHI: Eleven cities, including Bangalore, Hyderabad, Ahmedabad and Pune, are in the race for a part of the $25 million earmarked by the World Bank to turn their transport systems greener.

Only six to eight of these cities will be able to corner the funds which are meant to help India reduce its greenhouse gas emissions, under a global agreement. The other cities which are in the race for availing funds from the World Bank progeny — Green Environment Facility (GEF) are Indore, Mysore, Ajmer, Vijaywada, Jalandhar, Thiruvananthapuram and Naya Raipur.

"The cities will be shortlisted depending upon quality of their project proposals and preparations for public transport system," urban development secretary M Ramachandran said. The funds are likely to be sanctioned by June 2008. GEF has earmarked funds for greenhouse gas reduction and a $25 million corpus out of that is slotted for public transport projects to help reduce emission of greenhouse gases.

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