Concept Project Information Document (PID) (English)

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Table of Contents

• The World Bank 1
• The World Bank 2
• BASIC INFORMATION 2
• A. Basic Project Data 2
• Proposed Development Objectives 2
• PROJECT FINANCING DATA US Millions 2
• Maximizing Finance for Development 2
• Is this an MFD-Enabling Project MFD-EP 2
• Is this project Private Capital Enabling PCE 2
• SUMMARY 2
• Total Operation Cost 500.00 2
• Total Financing 500.00 2
• Financing Gap 0.00 2
• DETAILS 2
• World Bank Group Financing 2
• The World Bank 3
• B. Introduction and Context 1. Propelled by a successful COVID-19 vaccination campaign rising demand for services and fiscal stimulus Brazils 3
• The World Bank 4
• The urban passenger transport system plays a fundamental role in providing access jobs and opportunities 4
• A high-quality and reliable public transportation system is essential for increasing access to opportunities for 4
• Region LAC. 4
• The World Bank 5
• Before the COVID-19 pandemic Brazil had a well-established financing market for bus fleet renewal with bus 5
• In response to the COVID-19 pandemic the Federal and local governments increased subsidy support for OPEX 5
• The World Bank 6
• Grants and subsidy support to OPEX can be reoriented toward CAPEX to capitalize on the opportunities that 6
• The World Bank 7
• 14. Expanding programs that support this transition through CAPEX support will need to adapt de-risking 7
• The World Bank 8
• 17. The proposed Brazil Electromobility and Energy Transition Finance Project the Project requested by the 8
• 19. The proposed Program will also support low-carbon and inclusive mobility which is fully aligned with the Banks 8
• C. Proposed Development Objectives PrDO Statement. 8
• The World Bank 9
• 21. Proposed PrDO indicators 9
• D. Concept Description The proposed project aims to support the decarbonization and energy transition of Brazilian cities and 9
• Component 1 Investment in electromobility and clean energy projects 9
• Subcomponent 1.1 Decarbonize public transport with e-buses and associated infrastructure 9
• Subcomponent 1.2 Decarbonize energy generation and distribution 9
• The World Bank 10
• Component 2 Technical Assistance and Management 10
• Subcomponent 2.1 Project facility for end-borrowers 10
• Subcomponent 2.2 CEF Institutional Strengthening for Project Implementation 10
• Subcomponent 2.3 Carbon Market 10
• Triggered 10
• Last approved Current 10
• The World Bank 11
• CONTACT POINT 11
• World Bank 11
• BorrowerClientRecipient 11
• Caixa Economica Federal 11
• Implementing Agencies 11
• The World Bank 12
• FOR MORE INFORMATION CONTACT 12
• APPROVAL 12
• Approved By 12