Skip to Main Navigation

Global Facility to Decarbonize Transport (GFDT)

Grantees

GFDT puts out a call for funding proposals to World Bank teams at the beginning of each fiscal year. Proposals are reviewed by a selection committee comprised of World Bank transport sector specialists.

Grantees provide regular progress reports to GFDT staff and partners. A comprehensive Results Framework ensures grant-funded activities meet GFDT’s objectives.

 

2025 Grantees

Strengthening Public Transport SOEs' Access to Financing

GFDT-2025-Public-Transport-SOE-Finance.

Strengthening Public Transport SOEs' Access to Financing

Grant: $200,000

State-owned enterprises (SOEs) play a crucial role in delivering public transport services in many countries, yet financial constraints limit their ability to invest in low-carbon solutions. Many SOEs operate at a financial loss, relying on government subsidies to cover operational and capital costs, making it difficult to fund the transition to electric buses and rail. Without access to commercial or blended financing, SOEs risk falling behind in efforts to decarbonize urban transport, which is one of the fastest-growing sources of greenhouse gas emissions worldwide.

This GFDT grant will support the development of strategic knowledge and practical tools to enhance public transport SOEs' financial performance and access to commercial financing for low-carbon investments. Key activities include conducting a global assessment of SOEs’ financial health, developing a creditworthiness assessment tool, and developing training for SOE and government officials. By strengthening SOEs’ financial sustainability and creditworthiness, this initiative will help unlock new investment opportunities, accelerate fleet electrification, and support the broader transition to sustainable urban mobility.

2024 Grantees

2023 Grantees

Logo of the Global Facility to Decarbonize Transport (GFDT)

About the Program

The Global Facility to Decarbonize Transport (GFDT) is a multi-donor trust fund that accelerates innovation and investment in low-carbon mobility solutions.
Sign up to our newsletter Arrow

Contact Us

Shokraneh Minovi
Email
Follow GFDT on LinkedIn