Madrid's Empresa Municipal de Transportes (EMT) and the European Investment Bank (EIB) have collaborated on a €50 million loan agreement to enhance the city's sustainable urban transport infrastructure. The project involves acquiring 250 electric buses and 10 hydrogen buses to replace older vehicles, alongside setting up charging infrastructure in Madrid's Sanchinarro district. This initiative not only aims to reduce carbon emissions and pollution but also improve the quality of public transport in Madrid, aligning with the EIB's Transport Lending Policy. The joint effort supports the EU's sustainable cities and climate action goals, contributing to a greener and more efficient urban mobility landscape. Additionally, the project is a part of Madrid's broader Sustainable Mobility Plan, focusing on transitioning to less polluting vehicles by 2030. The investment signifies a step towards a cleaner and more sustainable transport system in Madrid.