Public transport is essential for promoting social inclusion, productivity, and sustainability in the cities of Latin America and the Caribbean. However, achieving these benefits largely depends on the capacity of transport systems to ensure stable, efficient, and sustainable funding and financing. Public transport systems in the region face increasing economic pressures due to a persistent decline in demand, limited fare policies, and rising operating costs. This combination puts additional strain on fare revenues and deepens their dependence on subsidies, representing one of the main challenges to the economic sustainability of public transport. This document analyzes the current state of public transport funding and financing in the region, identifying the structural causes that have led to this situation. It also highlights good practices and success stories that offer valuable lessons to help reverse current trends. Based on this analysis, the document proposes a set of policy guidelines and recommendations for decision-makers and planners aimed at advancing toward more sustainable funding schemes and improving access to financing, in order to strengthen public transport as a driver of sustainable urban development in the region.