The need for action on sustainable transport has never been more apparent than it is today. The world’s population is expected to reach a whopping 9.8 billion people by 2050, with about 70 percent of these people residing in cities. Meanwhile, greenhouse gas (GHG) emissions are on the rise. Transportation contributes 13 percent of global emissions, spurring climate change and creating dangerous air pollution.
Sustainable transport—like public transport systems, bicycling lanes, and walking—has the capacity to save lives, reduce energy use and GHG emissions, facilitate access to goods and services that support sustainable development, and enhance the overall quality of life in cities. While the need for sustainable transport has long been accepted in some parts of the world, it is now gaining momentum globally. Cities, which are so important to the global economy, play a key role.
A Critical Moment for Sustainable Transportation
Multi-lateral development banks (MDBs) signaled a paradigm shift when they committed $175 billion for sustainable transport over 10 years at the Rio+20 summit this past June. While the funding comes from resources already allocated for development, this commitment represents the first time that MDBs have earmarked dollars of this magnitude for sustainable transport. This financial commitment can help leverage the impact of investments in transport infrastructure, which already account for more than $1 trillion a year globally. It can also support work at the national level, as well as cities’ historic leadership on transportation.
We are now presented with a chance to truly embrace sustainable transport at the local, national, and international levels. It’s imperative that we capitalize on the opportunity presented by this unprecedented alignment of wills.