The World Bank supports countries in their efforts to improve the scalability and bankability of electric mobility solutions, with a special emphasis on public transport and e-buses. The World Bank employs a comprehensive approach, combining investments in infrastructure, technical assistance, and a Contact online >>
The World Bank supports countries in their efforts to improve the scalability and bankability of electric mobility solutions, with a special emphasis on public transport and e-buses. The World Bank employs a comprehensive approach, combining investments in infrastructure, technical assistance, and active engagement with the private sector so that these different activities bolster and reinforce one another to maximize impact.
Additionally, the World Bank is supporting countries through rigorous analytical work. Efforts on this front include producing studies and technical notes to help governments design and implement electric mobility programs. The World Bank developed an Electric Mobility Scoping Tool, which is designed to estimate the benefits and costs of e-mobility at a country level under different EV adoption scenarios. The tool has been applied to a broad sample of 20 low- and middle-income countries spread across all regions where the World Bank works.
"In line with its international commitments on climate change, the government of Senegal has opted for a paradigm shift, giving priority to clean mobility systems. We are working with the World Bank and the European Investment Bank to illustrate this shift with our Bus Rapid Transit (BRT) project. The pilot is fully electric and powered by solar energy, it is designed to carry up to 300,000 passengers a day on an 18-kilometer route, serving the most densely populated and congested areas in Dakar."
Since 2016, the World Bank has committed nearly $2.3 billion to transport projects that include elements of electric mobility, including $1.2 billion from the International Development Association (IDA) and $1.1 billion from the International Bank for Reconstruction and Development (IBRD). So far, $772 million has been disbursed from these funds, with a portion allocated to support activities fostering the transition to electric mobility in developing countries, including some of the activities mentioned above.
Driven by rising interest and demand from client countries, the World Bank expects its e-mobility engagement to continue growing significantly over the next few years, both on the lending and knowledge fronts.
The GFDTwill have a key part to play in the road ahead as some of its very first projects will be dedicated specifically to electric vehicles, including e-buses. The World Bank will support countries in replicating and scaling BRT systems operated with electric vehicles, like the one in Dakar.
In terms of knowledge, the World Bank is leveraging the findings of its research activities on e-mobility to support its client countries in their efforts to harness the benefits of transport electrification. For example, the Electric Mobility Scoping Tool is supporting public and private sector dialogue on electric mobility in many countries including Bangladesh, Kenya, Malawi, and Türkiye.
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