The Government of Moscow has announced that it plans to buy 500 more electric buses to be used on the roads of Moscow. The city currently has an impressive 1000 public electric buses over 66 different bus routes.
Most of the new zero-emission buses will be purchased with the funds from the green bonds. Moscow has entered the green bond market to implement the principles of sustainable development and environmental initiatives necessary.
Currently, nearly half of Moscow’s fleet, run by Mosgortrans, of electric buses has been financed using green bonds. The city is also developing charging infrastructure to support this. There are currently over 168 charging structures in Moscow and an extra 115 new stations will be integrated into this next year.
Maksim Liksutov, the Deputy Mayor of Moscow for Transport, said: “In 2021, Moscow has stopped buying diesel buses for the surface public transport operator. Today the city is focused on eco-friendly alternatives and is keeping up with worldwide electric vehicle market trends.
“In December, Moscow has received the 1000th electric bus assembled by the Russian manufacturer KAMAZ at the innovative SVARZ eco-plant. The e-bus is dedicated to ecology and environmental science. Next year Moscow plans to purchase 500 more eco-friendly buses.”
Vladimir Efimov, the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations, said: “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 have a positive impact on the ecological situation in the city and on the health of its residents.”