The GEF Council approved a World Bank Sustainable Transport project in Russia

On June 20, 2013, the 44th meeting of the Global Environment Facility (GEF)’s Governing Council approved a  $369.82 million Work Program, consisting of 48 project concepts and two programmatic approaches.  The Work Program includes a World Bank sustainable transport project in Russian Federation titled “National Urban Transport Improvement Project.”  For the project, the GEF finances 9.1 million USD grant with co-finance of 270 million USD.