Toolkits for Urban Transport Development - UNEP

2. National level funding Scheme like JnNURM
Central Govt. through various ministries such as MoUD introduces and implements number of
Additional Central Assistance schemes such as JnNURM, IDSMT time to time to fund urban
infrastructure including urban transport. MoUD website has detailed information on such schemes.
3. Viability gap funding
The Government of India through Department of Economic Affairs encourages the ULBs and the
State Governments to structure projects on a PPP model. In order to make projects commercially
viable, the Government will provide support in form of capital grants upto 20% of the total project
cost. An additional grant of 20% may be made available by the implementing agency, state
government or local bodies.
4. Nationally Appropriate Mitigation Action 46 (NAMA)
NAMA are voluntary actions taken by a developing country to reduce GHG emissions from a
Business as Usual (BAU) scenario. These actions can be policies or projects. The NAMA are
generally assumed to have a strong contribution of finances from the country itself with possibility of
additional finances from the international donors (multilateral or bilateral). For political reasons the
NAMA can be distinguished as unilateral i.e., without any international support or supported. A key
feature of NAMA is a focus on Measurement Reporting and Verification (MRV). The NAMA need to
communicated to the UNFCCC where a registry of NAMA projects is maintained
Funding from International Source
1. Loans from Multilateral Funding Agency
Multilateral Funding Agencies such as Asian Development Bank, World Bank, JICA etc. provide
term loan for infrastructure development based on certain terms and conditions for promotion of
Public Transport, Non-motorized Transport, Low-carbon transports etc. Detailed guidelines of
funding by Multilateral Funding Agencies are available on the respective websites.
2. Clean Development Mechanism (CDM)
Clean Development Mechanism has been a major source of climate financing for developing
countries. In the transport sector CDM did not get major success baring a few cases for example Delhi
Metro which had success in getting financing from CDM,for a project on regetrative braking
Nationally Appropriate Mitigation Action 47 (NAMA)
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Guidance for NAMA Design: Building on Country Experiences Available at
http://mitigationpartnership.net/sites/default/files/guidance_for_nama_design_2013.pdf
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Guidance for NAMA Design: Building on Country Experiences Available at
http://mitigationpartnership.net/sites/default/files/guidance_for_nama_design_2013.pdf
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