Last week, President Obama directed his administration to set new fuel efficiency and greenhouse gas (GHG) emissions standards for medium- and heavy-duty vehicles, including large pick-up trucks, school buses, and tractors. Improving fuel efficiency standards from these vehicles—which make up 20 percent of U.S. transport emissions—can not only rein in emissions, it can help consumers save money at the gas pump.
More than 70 percent of the world’s population will live in cities by 2050. Cities represent the single-greatest opportunity for targeted, meaningful actions that create impact on the ground, improve the quality of life for billions of people, and reduce the risks of climate change. This opportunity was a key theme at the C40 Mayors Summit in Johannesburg, South Africa.
Two weeks ago, EMBARQ, the sustainable transport and urban development program of the World Resources Institute (WRI), and the World Bank co-hosted Transforming Transportation. The two-day event concluded with the announcement of Transport Delivers, a global campaign calling city and national leaders to better integrate sustainable transport into policy discussions on development and climate change. If the campaign’s objectives are fully implemented, they could be a game-changer for today’s cities – as well as tomorrow’s.
The world is in the midst of unprecedented urbanization, with cities expected to hold 5.2 billion residents by 2050. One of the major challenges of the 21st century, therefore, is achieving a sustainable future for our cities. And transport – which connects people to economic opportunities, education, health services, and more – can make or break “The Future We Want.”
Experts at Transforming Transportation have identified five opportunities to move human society toward transport of the 21st century. These areas for action include: road safety, mid-sized cities, regional and local governments, finance, and data and technology.
Tracking Public and Private Investment in Transport
This paper attempts to quantify capital investment in transport around the world. Distinguishing public and private investment at the national and international level is the first step needed to shift investment towards more sustainable, low-carbon modes and systems.
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.
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:
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.
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.