In Colombia, the transport sector is the fastest-growing source of greenhouse gas emissions and urban areas increasingly suffer from traffic congestion and road safety concerns. The Colombian Transit Oriented Development (TOD) NAMA aims to address these issues by demonstrating how integrating urban planning and transport development in a city can reduce traffic growth by 25–36%, while improving air quality and living conditions.
Through this NAMA, the Colombian government aims to promote a more holistic approach to transport planning, with better coordination of land-use and transport systems, and their integration with social housing policy. This integration between different government agendas aims to promote public and private investment that will be channelled into pilot projects across a range of locations and interventions. Thus the project aims to promote better-designed, walkable, transit-oriented neighbourhoods and contribute to reducing household transportation costs, improving access to jobs and services, and enhancing social inclusion in the area.
A key part of the design of this NAMA includes the vertical integration between national and subnational policies and it is estimated that if fully implemented, it has the potential to reduce annual greenhouse gas emissions by between 3.6 and 5.5 MtCO2e by 2040.
Findeter, a public, industrial and commercial enterprise of the State that acts as a second-tier bank to finance infrastructure projects, aimed at promoting regional and urban development for the common good, by granting loans to both public and private entities. The NAMA was developed in cooperation with the Center for Clean Air Policy (CCAP) with support from BMUB’s International Climate Initiative (IKI).
The NAMA Facility, jointly established by the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) and the Department of Energy and Climate Change (DECC) of the United Kingdom, has approved support of USD 20 million for technical and financial aid through the development of CIUDAT under the management of Findeter. CIUDAT is also projected to develop and execute a financial and sustainability plan to identify funding sources beyond this NAMA support. Nevertheless, the Colombia TOD NAMA is supported by a solid policy framework that has its own resources, including: National Public Transport Policy: Since 2002, USD 7.3 billion has been invested in this policy. Funds originate from the national budget and multilateral bank (IADB, CAF and the World Bank). National Affordable Housing macro-projects and free houses programs: Led by the Ministry of Housing, the national government has invested USD 2.3 billion with an additional USD 2–3 billion projected for social housing (Colombia, 2013). Sustainable and Competitive Cities Program: Led by Findeter it has USD 500 million for investment in a pipeline of ready to-go projects (Colombia, 2013). »» Other financial sources include USD 500 million for the Cali Green Corridor (TOD project), an anticipated USD 40 million from CTF for pedestrian and cycling infrastructure and more than USD 2.5 billion for the Bogotá Metro (Colombia, 2013).
- Ministry of Environment and Sustainable Development
- Ministry of Transport
- Ministry of Housing, Cities and Territory
- National Planning Department
- Local Authorities