Ethiopia Addis Ababa Light Rail Transit Transit Oriented Development NAMA
Description
| Overview | |
|---|---|
| Sector | Transport |
| Focus area |
(no data)
|
| Type of action | Project |
| Scope | Not known |
| Stage | Under development |
| Submitted to UNFCCC registry | Yes |
| Start of initiative |
(no data)
|
| Financing and support details | |
|---|---|
| Financing status | Seeking financing |
| Total cost | US$ 8.9 mln |
| Financing requested | US$ 7.7 mln |
| Financing received to-date | US$ 1.2 mln |
| Principal source of financing | Not known |
| Principal type of financing | Not known |
| Capacity building required | Yes |
| Technology transfer required | Yes |
| Additional information | |
|---|---|
| Proponent(s) | Ethiopian Railway Corporation (ERC) |
| International funder(s) |
(no data)
|
| Organization providing technical support |
(no data)
|
| Contact | Mr. Shewangizaw Kifle, |
The envisaged infrastructure consists of two railway project components: the Addis Ababa Light Rail Transit (LRT) and the National Railway Network (NRN). Transport Oriented Development (TOD) is an urban development concept, which promotes mixed-‐use public, residential and commercial areas, favouring non-‐motorized modes of transport. High-‐density urban development along the LRT will increase revenues through ticketing (enhanced ridership) and increase the value of land/leases, which will contribute to the sustainable operation of the LRT.
Activities:
The NAMA will address amongst others the design of the pilots through the preparation of a bankable feasibility study, the regulatory frameworks and an operational cooperation structure.
Investments in social housing estates and commercial property development for SMEs will be incentivised under the pilot TOD. The NAMA assists in the preparation of a structured debt fund to take away the risk for private sector investment for social housing and SMEs in particular and will prepare the conditions for public-‐private partnerships.
Activities include
A
- establishing an Institutional framework and making it operational for TOD implementation
- stakeholder consultation
- capacity building for TOD implementation (TOD, MRV, structured fund related)
- establishment of a Project Implementation Unit
B
- establish TOD regulatory framework
- consultations with implementing partners
- assessment of existing policies and gap analysis
- incorporation of TOD in National Transport Policy, Urban Transport Policy and Urban Master Plan
- Formulation and update of TOD related policies and regulations, including land and tax regulations,
- Development of TOD zoning
- Formulation of legal framework for Public Private Partnerships
C
- Detailed TOD implementation plan for 10 stations of the Addis Ababa Light Rail Transit
D
- Design a structured debt fund
E
- MRV system developed
Impact and MRV
|
| Cumulative GHG reductions: No data available |
|---|
No information has been provided on mitigative capacity
Co-benefits:
| Social: | TOD will increase transport safety, reduce pollution, lower costs of transport and provide easy access to work and business. |
|
| Economic: | Establishing the TOD may also take place through public-‐private partnership (PPP). Such co-‐development structures are without precedent in Ethiopia. |
|
| Environmental: | Information has not been provided |
MRV Framework:
No MRV plan has been defined
