WASHINGTON, October 15, 2024 - The World Bank's Board of Executive Directors today approved the first phase of a long-term (10-year) program to transform urban mobility in Lima. Phase 1(US$150 million loan) will implement modern traffic light systems, an upgraded control center, and an automated traffic violation detection system, in order to improve road safety for pedestrians and cyclists as well as the public transport traffic flow at more than 50 intersections. In addition, 50 kilometers of bike lanes will be built, a metropolitan public bike system with private sector participation will be designed, and traffic calming zones, known as supermanzanas, will be established in five municipal districts.
Lima is one of the most congested cities in Latin America. Congestion costs in the Peruvian capital are equivalent to 1.8 percent of GDP, while the vehicle fleet accounts for 40 percent of the city's greenhouse gas emissions.
Lima's public transport infrastructure and services have failed to keep pace with rapid urban growth, the adverse effects of which have been mostly felt by the poorest. Only 18 percent of jobs are accessible within 45 minutes by public or nonmotorized transport, contributing to congestion, environmental pollution, and social inequality.
"We are committed to transforming Lima into a city where everyone can move around safely and efficiently. This project will not only reduce congestion and pollution but will also improve access to job opportunities and essential services for our citizens," said Rafael López Aliaga, Mayor of Lima.
The first phase of the program will improve transportation options for 4.6 million Lima residents, increasing their access to transportation in acceptable conditions, economic opportunities, and essential services. The project aims to reduce congestion and improve air quality by optimizing traffic flows, improving road safety at dangerous intersections, and promoting sustainable modes of transport such as bicycles.
"This project is an important step toward a more sustainable and inclusive urban mobility system in Lima. Improving traffic management and road safety for sustainable transport allows us to help improve the quality of life of all residents, especially the most vulnerable," noted Issam Abousleiman, World Bank Country Director for Bolivia, Chile, Ecuador, and Peru.
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Website: www.worldbank.org/lac
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