China
Tianjin Urban Transport Improvement Project
 Green Bond Criteria: Mitigation
                                                                     Country Challenge
                                                                     Urbanization and urban sprawl in China have been
 Purpose: To leverage the existing metro system and
 to promote walking and biking in the urban core, in
                                                                     accompanied by changes in the overall travel patterns of
 order to make transport greener and safer.                          urban residents. Cities have rapidly spread as a result of
                                                                     increased real estate costs, incentives for cities to convert
 Expected Results (include): Cumulatively by FY20:
 • 85,000 new metro users.                                           rural land in peri-urban areas to urban land, and improved
 • 50 km of roads rehabilitated, 111 metro stations                  road infrastructure.
   improved and 5 new bus terminals completed.
 • 6,500 tones of CO2 emissions reduced.
                                                                     As motorization has led to more traffic congestion, air
 IBRD Financing: $100 million                                        pollution and road accidents, the Government of China and
                                                                     many cities are shifting in their urban transport investments
                                                                     towards public transport, walking and biking.

                                                                     Project Goals
                                                                     A number of transformational ideas will be pursued under the
                                                                     project. Those include using a cost-efficient mass transit
                                                                     system like a BRT in Tianjin, leveraging the existing metro
                                                                     system through better last mile accessibility, improving safety
                                                                     of access roads to the mass transit system, applying transit
                                                                     oriented development and land value capture concepts
 © World Bank                                                        around selected stations and rolling out pilot public bike
                                                                     sharing (PBS).


For more information:
http://www.worldbank.org/projects/P148129/?lang=en&tab=overview
http://www.worldbank.org/en/news/press-release/2015/12/21/china-faster-greener-and-safer-urban-transport-for-residents-in-tianjin-and-urumqi

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