IFC supports the development of transportation infrastructure in emerging markets through investment and advisory services, including public-private partnerships (PPPs). We provide in-house technical expertise in competitive tenders, engineering, finance, procurement, risk management, as well as social and environmental standards.
We focus on projects that reduce transportation costs, relieve bottlenecks, facilitate international trade, and create jobs through efficiency upgrades and modernization, which are critical for economic development and growth.
By 2040, over half of all passenger vehicles sold will be electric. The massive adoption of electric vehicles has the potential to redefine urban transportation and energy usage by lowering climate impact, increasing safety and expanding access to services for a broad spectrum of the population.