From Sidewalk to Subway: Achieving Sustainable Financing for Urban Transport

doi:10.1596/25011

Publication:
From Sidewalk to Subway: Achieving Sustainable Financing for Urban Transport

dc.contributor.author	Ardila-Gomez, Arturo
dc.contributor.author	Ortegon-Sanchez, Adriana
dc.date.accessioned	2016-09-06T20:00:04Z
dc.date.available	2016-09-06T20:00:04Z
dc.date.issued	2016-06
dc.description.abstract	This brief talks about achieving sustainable financing for urban transport in developing countries. The state of urban travel in many developing countries is grim. Congestion and low-quality infrastructure, including limited network coverage and poor roads and sidewalks slow travel times, which slows economic development. Lower-income residents rely the most on public transport and bear a disproportionate share of the burden of its failures. The low quality of urban public transport systems in developing countries indicates a chronic financing gap, underfinancing for capital investments, operations, and maintenance. Though urbanization is an important ingredient in poverty reduction, it inevitably strains urban transport, so it is widening the financing gap. World Bank research released this year has pinpointed sources of the financing problem and proposed a response based on the concept of, "who beneﬁts, pays." By tapping into innovative revenue sources that promote efficient pricing, increase overall revenue, and strengthen all elements of sustainable transport, urban areas in developing countries can fund a wide variety of urban transport projects in a manner that will ensure their sustainability. To conclude, by combining appropriate financing instruments and focusing on the “Who benefits, pays” principle, overburdened urban transport systems can be revived with wise and sustainable investments to cover capital, operation and maintenance of all parts of a transport system,“from the sidewalk to the subway.”	en
dc.identifier	http://documents.worldbank.org/curated/en/2016/07/26552761/sidewalk-subway-achieving-sustainable-financing-urban-transport
dc.identifier.doi	10.1596/25011
dc.identifier.uri	https://hdl.handle.net/10986/25011
dc.language	English
dc.language.iso	en_US
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Connections;2016(9)
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	sustainable finance
dc.subject	urban transport
dc.title	From Sidewalk to Subway	en
dc.title.subtitle	Achieving Sustainable Financing for Urban Transport	en
dc.type	Brief	en
dc.type	Fiche	fr
dc.type	Resumen	es
dspace.entity.type	Publication
okr.crossref.title	From Sidewalk to Subway: Achieving Sustainable Financing for Urban Transport
okr.date.disclosure	2016-07-06
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Brief
okr.docurl	http://documents.worldbank.org/curated/en/2016/07/26552761/sidewalk-subway-achieving-sustainable-financing-urban-transport
okr.guid	757651467805164608
okr.identifier.doi	10.1596/25011
okr.identifier.externaldocumentum	090224b0844324d9_2_0
okr.identifier.internaldocumentum	26552761
okr.identifier.report	106752
okr.imported	true
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/07/06/090224b0844324d9/2_0/Rendered/PDF/From0sidewalk000for0urban0transport.pdf	en
okr.topic	Finance and Financial Sector Development::Access to Finance
okr.topic	Finance and Financial Sector Development::Public & Municipal Finance
okr.topic	Urban Development::Municipal Financial Management
okr.topic	Urban Development::Transport in Urban Areas
okr.topic	Transport::Transport Economics Policy & Planning
okr.unit	GTIDR- S&O (GTISO)