Cycling & Active Mobility Infrastructure
Source Metadata
| Field | Value |
|---|---|
| source | cbi |
| source_version | CBI Taxonomy (current) |
| source_id | CBI-TRA-004 |
| cbi_sector | Transport |
| bond_eligible | Y |
| mitigation | Y |
| adaptation | N |
| last_checked | 2026-05-26 |
CBI Sector Criteria
CBI classifies cycling and active mobility infrastructure as fully eligible under the Low Carbon Transport Criteria. These zero-emission transport modes require no emissions threshold assessment. Investment in dedicated cycling infrastructure and pedestrian systems qualifies automatically as it displaces motorized transport. The criteria recognize that active mobility infrastructure delivers both climate mitigation and urban livability benefits.
Eligible Activities & Assets
Eligible assets include: protected and separated bicycle lanes and cycle tracks; bike-sharing system infrastructure and fleet (including e-bike systems); bicycle parking facilities and intermodal integration hubs; pedestrian bridges and walkways; traffic calming and pedestrian zone infrastructure; cycling network planning and wayfinding systems; and maintenance and safety infrastructure for active mobility corridors.
Certification Process
Verifiers confirm that infrastructure is dedicated to active mobility and assess modal shift potential. Pre-issuance assessment reviews network design, connectivity to transit hubs, and projected usage. Post-issuance monitoring tracks cycling infrastructure utilization rates and estimated motorized trip displacement. This is typically one of the more straightforward certification pathways due to inherent zero-emission characteristics.
LATAM Market Context
Bogotá operates one of the most extensive urban cycling networks in the developing world with over 550 km of ciclovías. Santiago, Mexico City, and Buenos Aires have expanded cycling infrastructure significantly since 2020. Green bond proceeds allocated to active mobility tend to be bundled with broader urban transport projects rather than standalone cycling bonds, though dedicated micro-mobility financing is emerging.
Colombia Green Finance Taxonomy Alignment
The TVC includes active mobility infrastructure as an eligible mitigation activity. Colombia's national cycling strategy (Plan Nacional de Movilidad Ciclista) and the success of Bogotá's ciclovía program align perfectly with CBI criteria. Municipal green bonds from Colombian cities could finance cycling infrastructure expansion under dual CBI-TVC certification.
Cleantech Taxonomy Crosswalk
Maps to Cleantech Taxonomy sector TR (Transport) — specifically TR-AM (Active Mobility). Cross-references to BU (Buildings) for transit-oriented development components and to XS (Cross-Sectoral) for urban planning and livability integration.