IDB Holds Regional Meeting on Transitioning to Electric Buses

Minister of Transport Rodwell Ferguson recently returned from Quito, Ecuador, where he attended a regional conference on transitioning to electric buses. Organized by the Inter-American Development Bank, the meeting aimed to accelerate the shift from fuel-operated to electric buses across the region. The minister shared with News Five that Belize will need financial assistance to make this transition a reality.

 

Rodwell Ferguson, Minister of Transport

“Their hope and dream is to figure out how the countries can go EV buses when it comes to transportation of the people. And they figured out they need to do a package for the entire Central America, South America, and the Caribbean to start the process. So they as a bank is trying to find a way [to see] how they can start to transform the industry into EV buses. That is the initial concept. We are hopeful that when we have the meeting next year, they would come and say we have found a solution to figure out how we can start to transform this nation into EV buses. So we are telling them that as a small country, we will need to be backed by the IDB or some other banking institution to help us reach the standard we want to reach and that is expected by the year 2050.”