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Global Environment Facility Projects

Promotion of Environmentally Sustainable Transport in the City of Valencia

Concept Approved

Project Approved

Project Completed

The general objective of the proposed project is to mitigate GHG emissions by promoting a more friendly and sustainable urban transport system in the City of Valencia, by means of modal changes to public and non- motorized transport. A medium term project (2 years) is proposed to integrate sustainable transport practices into projected public transport investment projects. Specifically, the proposed project is designed to complement urban transport planning in the City of Valencia, identifying and developing opportunities not contemplated in current planning processes, and strengthening existing action plans with specific GHG emissions mitigation goals.

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Promotion of Environmentally Sustainable Transport in the City of Valencia

Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility