Public Transportation System based on High Capacity Buses using Exclusive Roads /
PROTRANSPORTE. Metropolitan Municipality of Lima

The project aims to develop a massive public transportation system, for low income population, which will be more economic, faster, and more orderly than the current system. The system comprises a fleet of high capacity buses running in exclusive roads. The system is planed to work similarly as a metro system.

Baseline Scenario

Which emissions are the proposed Clean Development Mechanism CDM project displacing?
The Project will displace emissions from old, bad maintained, small transportation units which are using the roads where the Project will be developed. The main emission is CO2. Other gases are: CO, SOX,NOX.
What would the future look like without the proposed CDM project?
The current system will continue that means over supply of transportation units composed mainly by small second hand transportation units brought from Japan with low occupancy percentage. The impact of the current system is expressed on more frequent respiratory illnesses, road accidents, high operational cost, poor transportation workers, longer commuting time etc.
What would the estimated total greenhouse gas (GHG) reduction be with the project?
«PROTRANSPORTE» project will displace around 199,743.90 tCO2e/year which otherwise will be emitted by small diesel transportation units.

Current Status

Earliest project start date
The construction of the project it is planned to begin on July 2005. The operation is assumed to start in 2006.
Estimate of time required before becoming operational
1 year
What is the project lifetime?
20 years
Current status or phase of the project eg: which of the following phases have been completed:
• The municipality of Lima has already taken the decision to develop the project.
• The project has the endorsement of the Ministry of Economy and Finances.
• Feasibility study is finished.
• Financing negotiations are closed
• A letter communicating the intention to develop a CDM projects has been already send to the Designated National Authority on CDM

Estimated Emission Reductions

Annual: an average of 199,743.90 tCO2e

• Up to and including 2012: 1,198,463.4 tCO2e
• Up to a period of 10 years: 1,997,439 tCO2e
• Up to a period of 7 years: 1,398,207.30 tCO2e
• Up to a period of 14 years: 2,796,414.60 tCO2e

Project Benefits

• Reduction of de 10,512.8 MT annually of the pollutants: PM, NO2, SO2, CO, HC, y Pb.
• It is estimated that the concentrations of the pollutants PM2.5 will be reduced by 25% the urban area where the Project will operate.
• Reduction in operational cost (first year): US$ 49,665,978
• Saving in commuting time (first year): US$ 8,113,149
• Improvement of the urban environment

Project Participant and Financing

Total project cost estimate:
• Development costs: US$ 3,200,000
• Installed costs: US$ 114,100,000
• Private Investment (Bus fleet): US$ 80,000
• Other costs: US$ 17,100,000
• Total project costs (Public Private Partnership): US$ 214,500,000

Sources of finance to be sought or already identified:
• Equity: Metropolitan Municipality of Lima: US$ 44,000,000
• Debt: World Bank: US$ 45,000,000
Inter.-American Development Bank: US$ 45,000,000
• Carbon finance contribution sought: We are interested in higher prices for CER’s and a contribution in advance.

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