Connections
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Connections is a weekly series of knowledge notes from the World Bank Group’s Transport & Information and Communication Technology (ICT) Global Practice. It covers projects, experiences, and front-line developments.
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Envisioning the Transport We Need: Goals of the UN High-Level Advisory Group on Sustainable Transport
( 2015-09) Vandycke, NancyThe world faces two urgent challenges: eradicating poverty through economic development, and tackling climate change. Sustainable transport is crucial to both. In August 2014, the UN Secretary-General established a High-Level Advisory Group on Sustainable Transport to make policy recommendations that ‘promote accelerated implementation of sustainable transport.’ The World Bank is a member of the technical working group supporting the advisory group, which sees sustainable transport as a prerequisite for all countries to attain competitiveness, inclusive and equitable growth, balanced social and spatial development, and energy and food security. And it is essential to reducing greenhouse gas emissions in support of the 2°C Scenario. Progress can be accelerated if all heed the calls for action on sustainable transport and development that exist today in a wide range of international agreements, conventions, and declarations. -
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More Climate Finance for Sustainable Transport
( 2015-05) Ebinger, Jane O. ; Vandycke, Nancy ; Rogers, John AllenActions to reduce greenhouse gas (GHG) emissions to stabilize warming at 2 degree Celsius, as agreed by the international community in 2009, will fall short if they do not include the transport sector. Transport is responsible for around 23 percent of global carbon dioxide emissions and emissions are expected to rise without further action to curb emission growth and invest in low carbon transport modes. Investment needs are estimated at around $3 trillion to increase the sustainability of existing and new transport systems and to mitigate climate change over the 2015-35 periods. This is in addition to existing annual investments estimated at $1-2 trillion. The actions taken today to send the right policy signals, and establish the enabling institutions and regulations to attract the necessary private finance will be critical to support this transformation. Significant investment opportunities exist in public transport systems, vehicle efficiency improvement, and reducing the need for travel through demand management, regional development policies, and land use planning. As the international community embarks on the road towards CoP 21 in Paris, there is a case to be made for more climate finance flowing towards transport.