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The Trillion Dollar Question: Where Does Transport Investment Come From?

New analysis quantifies the total annual transport capital investment around the world. The Trillion Dollar Question: Tracking Public and Private Investment in Transport working paper finds that the global transport investment is between US$1.4 and US$2.1 trillion each year, enough to fund the capital budget of New York’s subway 88 times.

This finding and others have significant implications—both for the cities of today and for investing in the future cities we want.

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WRI’s Top Outcomes of 2013

As 2013 comes to a close, it’s a good time to look back on the impact we’ve made in the world this year.

We made progress on tackling key sustainability challenges, including addressing climate change, promoting clean energy, ensuring food security and stable water supplies, reducing forest degradation, and creating sustainable cities. Take a look at our nine top outcomes:

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Transport at the Forefront of COP19 Climate Change Agenda

Last month, SLoCaT and the Bridging the Gap Initiative (BtG) led a partnership of 15 additional co-organizers to host Transport Day 2013 at the nineteenth Conference of the Parties (COP 19) of the United Nations Framework Convention on Climate Change (UNFCCC). EMBARQ, the sustainable urban transport and planning program of the World Resources Institute, was one of the 15 co-organizers of the event.

This year’s COP was held in Warsaw, Poland, from November 11 to November 22, 2013. Transport Day was November 17, marking the first time an entire day at COP has been dedicated to transport, and underscoring the importance of engaging the transport sector in addressing climate change.

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7 Ways to Attract and Use Climate Finance for Transport

It is not possible to effectively address climate change without substantive [greenhouse gas] GHG emission reductions by the transport sector. But putting the pieces together – especially in developing countries – will require fine-tuning transportation climate finance readiness to match growing demand.

A new report for the German International Cooperation (Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ)) outlines seven routes governments in the developing world can take to accelerate investment in low-carbon transport.

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4 Ways Cities Benefit from Bus Rapid Transit (BRT)

New research shows that Bus Rapid Transit (BRT) can reduce travel time by millions of hours for commuters worldwide. For instance, BRT users in Istanbul, Turkey, can save 28 days per year by shifting from other transport modes to BRT. Commuters in Johannesburg, South Africa, meanwhile, can save an estimated 73 million hours between 2007 and 2026. That’s the equivalent of more than 9 million eight-hour work-days.

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Saving Lives with Sustainable Transport

A new publication from EMBARQ explores the existing literature on the safety impacts of sustainable transport – primarily from the United States and Europe – and adding examples from Latin America and South Asia. The evidence suggests that projects that reduce traffic—such as congestion charging—and those that improve infrastructure—such as high-quality mass transport systems—can have a positive impact on traffic safety, in addition to numerous other co-benefits.

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