Progress Report (2013–2014) of the MDB Working Group on Sustainable Transport
Development Banks, 2015
In the second year of the Rio+20 Commitment to Sustainable Transport, eight multilateral development banks approved $25 billion in loans and grants for transport and more than 90 technical assistance projects.
In June 2012, eight Multilateral Development Banks (MDBs) launched a Commitment to Sustainable Transport noting that they expected to provide more than $175 billion of loans and grants for sustainable transport in developing countries over the following decade. The first Progress Report (2012-2013) of the MDB Working Group on Sustainable Transport showed that they were on track to meeting their pledge.
In the second year of the Rio+20 Commitment (2013), the eight MDBs approved approximately $25 billion for transport projects. Combined with the $20 billion approved in the first year of Commitment (2012), the institutions are once again on target to meet the goal of $175 billion in support for more sustainable transport in developing countries over the ten-year commitment period.