Moscow, Russia (Urban Transport News): Moscow currently operates 1000 electric public electric buses on 66 bus routes. The city is now considered to have the largest e-bus fleet in Europe and America. This year the Moscow government plans to buy 500 electric buses. Most of them will be bought from the fund of green bonds.
A green bond is a type of fixed income instrument specifically earmarked to raise money for climate and environmental projects. The goal of this project is to show how citizens’ money improves a city’s ecosystem. Moscow has entered the green bond market to apply the principles of sustainable development and environmental initiatives required by the capital. The money received from the appointment of Green Bonds was used to purchase 400 electric buses. Today almost half of the Moscow e-bus fleet is financed by green bonds.
“In 2021, Moscow has stopped buying diesel buses for the ground floor public transport operator. Today the city is focusing on eco-friendly options and keeping up with the trends in the electric vehicle market across the globe. In December, Moscow has received the 1000th electric bus assembled by the Russian manufacturer KAMAZ at the innovative SVARZ eco-plant. E-bus is dedicated to ecology and environmental science. Next year Moscow plans to buy 500 more environmentally friendly buses, ”said Maksim Liksutov, Deputy Mayor for Transport for Moscow.
“Nowadays, green bonds are in high demand in Russia. All funds from this project will be used for the purchase of electric buses and the construction of new metro stations. These transport projects will have an impact on the ecological situation in the city and the health of its residents. Has a positive impact,” said Vladimir Efimov, Moscow’s deputy mayor for economic policy and property and land relations.
Electric buses were launched in Moscow just 3 years ago in 2018. Meanwhile, this innovative surface transport has proved its efficiency. The transport has covered over 60 million kilometers and carried more than 156 million passengers. In addition, Moscow is now actively developing charging infrastructure. Nowadays there are more than 168 charging structures in the city, next year 115 new stations will be integrated into the charging infrastructure.