Sector: Public Transit (Including Zero Emission Buses)
Investments in greener transit can reduce Greenhouse Gas (GHGs) for Canada, provide citizens with cleaner and faster commutes, support the financial sustainability of public transit providers, and improve the quality of life for Canadians, particularly those living in larger cities.
The CIB is in active dialogue with public transit owners and project sponsors across the country regarding projects including Zero Emission Buses (ZEBs), light rail transit, bus rapid transit, subways, transit-oriented development, commuter inter-regional and passenger rail and more.
In general, the CIB can provide innovative financing solutions for transit and specifically offer flexible financing for ZEBs and related charging infrastructure. The CIB’s ZEBs initiative is expected to result in GHG reductions over the life of electric buses financed in the first three years, and create employment.
Learn about the Clean Power sector.