Clean public transportation
The first phase involves a total of 110 kilometers and has been in operation since April 2019. In April 2020, Aarhus Letbane announced the results of the first phase. It shows that the replacement of diesel trains and buses with the electric light rail provide annual savings of 4,305 tonnes of CO2, which corresponds to a 70 per cent decrease. Also, local air pollution is decreasing as fewer particles are emitted to the air.
Green loan category
The clean public transportation green loan category covers new investments in and ongoing maintenance of low-energy or emission transportation assets, systems, infrastructure, components and services that facilitate modal shifts from private transportation to increased use of public transportation such as trains, underground trams and buses to the extent that these lead to a reduction in CO₂ emissions. KommuneKredit has disbursed 11 green loans of nearly DKK 1.7 billion in total from 2017-2020.
DKK 4.3 billion.
Disbursed green loans from KommuneKredit: DKK 550 million in 2017; DKK 400 million in 2018 and DKK 150 million in 2020.
Expected environmental impacts:
▪ 4,305 tonnes in annual CO2 reductions of which around a quarter can be attributed to KommuneKredit’s green loans from 2017-2020.
▪ Expansion of clean public transport.
▪ Clean air and less noise.
Primary EU environmental objective
Climate change mitigation.