Country:Israel
Year:2017 (Feb)
Policy status:In Force
Jurisdiction:National
Date Effective:2017 (Feb)
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Multiple RE Sources
Policy Sector:Transport
Agency:The Ministry of Environmental Protection (MoEP)
URL:http://sviva.gov.il/English/ResourcesandServices/NewsAndEvents/NewsAndMessageDover/Pages/2017/02-Feb/Bus-Companies-to-get-Subsidies-for-Purchase-of-Electric-Buses.aspx
Funding:NIS 22.5 million available
Description:

The Ministry of Environmental Protection (MoEP) allocated NIS 22.5 million to enable Israel's largest bus companies to buy a total of 37 electric buses in order to carb the pollution levels. The program is part of the government's "clean car revolution" - an effort to reduce air pollution near population centers.

The electric bus program is one of several programs being funded by a debt agreement with the Jewish National Fund. Through that deal, the JNF transferred NIS 390 million to the MoEP for projects aimed at reducing air pollution, increasing energy efficiency, and improving quality of life in Israel.

Last modified: Fri, 25 Aug 2017 15:08:13 CEST