Investment in the transport sector has major economic and environmental impacts in both the developed and developing world.
The Compact of Mayors is an international coalition of cities committed to addressing the challenges of climate change. Since its launch in September 2014, hundreds of cities have joined.
High rates of motorization and urbanization, particularly in developing countries, underpin strong growth in the transport sector. Burgeoning demand has made transport the world’s fastest-growing source of carbon emissions.
Many of the world’s cities can become safer, healthier places by changing the design of their streets and communities.