DetailsInternational
Climate Initiative (IKI)

Global decarbonisation of the transport sector is necessary to achieve the goals of the Paris Agreement. Therefore the project supports Chile, a forerunner in Latin America, in developing and piloting a financing mechanism for electric mobility. The financing mechanism is supposed to stimulate private investments in charging infrastructure and/or the purchase of electric vehicles. Also the project supports the Chilean government in putting decarbonisation of the transport sector on the international agenda. A transport event with ministers from relevant ministries is organised for that purpose. During the COP25-presidential year 2020/21 a special meeting of transport ministers will take place. The dialogue of the transport ministers aims at adopting a joint declaration on the role of the transport sector within the NDCs and to develop long-term strategies serving the implementation of mitigation actions.