Green Climate Fund (GCF) and the United Nations support Nicaragua efforts in 100% electric, less wasteful and less polluting transportation

Nicaragua has formed the National Electric Mobility Table and is advancing in an eco-friendly revolution. This important advance is part of the country’s commitments to the Green Climate Fund and its initiative to promote electric mobility at the regional level
ENERGIA LIMPIA XXI. Green Climate Fund supports de advancement of electric mobility in countries like: Argentina, Costa Rica, Cuba, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay and Uruguay. This efforts help to identify and address the main barriers for electric mobility by providing the necessary assessments, capacities and financing alternatives to accelerate adoption of electric mobility technology. This will be done with a twofold approach: at a national and regional scale. Nationally, understanding that despite electric mobility is at an early stage in all participant countries, barriers and corresponding solutions may vary depending on each country’s context and priorities. Regionally, by identifying transboundary issues and potentiating multi-country collaboration. At the moment, it is common for countries in the region to undertake an isolated or stand-alone approach to address their challenges associated to e-mobility adoption despite the potential common barriers or drivers between countries, which could benefit from a regional approach.

Nicaragua continues to advance in renewable energy and sustainable development issues. The Central American country established the national table on electric mobility, which begins the processes of setting goals and plans leading to the transition to clean transport models. The specialized publication Energía Limpia XXI highlights that a report by the United Nations Environment Agency and the MOVE initiative indicates that the country has taken a first step as a participant in the regional project of the Green Climate Fund “Advancing towards electrification with a regional approach ”.

Electric mobility requires a holistic approach made up of elements from the transport sector, the energy sector and the environment. These must be thought, regulated and planned together. The installation of a communication and coordination platform is vital to address in a joint and coordinated manner the challenges that the implementation of this technology entails in our region. The Nicaraguan national mobility table fulfills this function.

The report highlights that under the leadership of the Ministry of Finance and Public Credit (MHSP), the table is made up of the Ministry of Environment and Natural Resources (MARENA), the Ministry of Mines and Energy (MEM), the Ministry of Transport and Infrastructure ( MIT) and the Managua City Collective Transport Regulatory Institute. MOVE is part of the table under the guidelines of the regional preparation project “Advancing towards electrification with a regional focus”, of the Green Climate Fund.

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Reading in: Nicaragua, Guatemala, El Salvador, Costa Rica, Honduras, Panama, Belize, Argentina, Chile, Brazil, Mexico.

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