Building Resilient Transport in Sao Paulo Brazil: $300 Million in Sustainable Development Bonds
Americas, News, Transportation, August 25 2018
BRAZIL: The State of Sao Paulo accounts for 33% of Brazil’s total GDP; its 41 million inhabitants have the highest per capital income in the country.Yet, the state still faces excessive economic concentration near the main cities, an overused road network prone to congestion, accidents, and vulnerable to natural disasters; and flash floods and landslides in poorer areas resulting from recurring extreme climatic events.
The project improves transport and logistics, efficiency and safety by rehabilitating networks, and increasing the share of waterway transport. In addition, it supports zoning, environmental management, and climate resilience by developing disaster response plans for the transport sector in selected regions; reviewing road design and operation specifications; and, preparing prevention and contingency plans.
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Source: World Bank
Re-posted with permission