Reducing the carbon footprint of transport is crucial in the fight against climate change. Mass transit, cycling, and walking, electric mobility, and rethinking urban design are effective ways to improve transport while reducing emissions. However, more investment is needed in emerging markets to make sustainable mobility a reality.
Catch up with the World Bank’s latest efforts on research and finance for the decarbonization of transport below.
This event at COP28 will bring together leaders and policy makers from the Global South, development organizations, and the private sector to explore what it takes to roll out e-mobility at scale in low- and middle-income countries.
To maximize the climate potential of railways, participants at this event will discuss promising solutions that can bring more financing to railways, especially through mobilizing private capital and tapping climate-specific financing instruments like climate funds, carbon finance and green bonds.
Newest Research
The Path Less Travelled: Scaling Up Active Mobility to Capture Economic and Climate Benefits
As cities rapidly urbanize and people’s incomes rise, vehicle ownership is growing and more road space is being allocated to motorized transport. Enabling more walking, cycling and public transport use can deliver significant, quantifiable benefits. This paper makes the case for scaling up financing for active mobility, leveraging lessons learned, and replicating successful investments case studies from LMICs.
As the world continues to urbanize, we won’t be able to solve the climate crisis unless we find more sustainable ways to move people and goods around cities. This report provides concrete guidance on how coutries can kickstart the transition toward low-carbon urban transport—including by rethinking land use and spatial planning, strengthening urban transport governance, enhancing collaboration with the private sector, and prioritizing sustainable modes such as mass transit, cycling, and walking.
Countries have several options at their disposal to drastically reduce the climate impact of logistics. This report offers policymakers a plan for how to approach this transition successfully. It also provides practical recommendations for how to identify the right mix of mitigation measures and policy interventions.
The Economics of E-Mobility for Passenger Transportation
Electric vehicles have an important part to play in reducing climate emissions from transport, yet they remain concentrated in a small number of markets. This new study looks at the economic case for expanding e-mobility to developing countries, where EV adoption has been much slower. It shows there is significant opportunity to scale up transport electrification, especially when using electric buses and two/three-wheelers as an entry point.
The Role of Rail in Decarbonizing Transport in Developing Countries
Railways have an important role in reducing transport emissions, while also supporting economic development and increased mobility. Structured around the avoid–shift–improve framework, this report provides a systematic review of potential contributions that railways can make to development and climate goals.
The Role of Sustainable Aviation Fuels in Decarbonizing Air Transport
The air transport sector is an integral part of economic growth and development. But in order to maximize the development benefits of air travel, addressing the climate impact of aviation is essential. This study highlights some of the most promising options for flying greener, with a particular focus on sustainable aviation fuels.
The McKinsey Global Institute estimated that USD 300 billion additional investment in railways is needed every year, just to keep pace with expected economic growth and more would be needed to reach the United Nations Sustainable Development Goals and to make rail infrastructure climate resilient. Fortunately, lots of organizations and investors want to support green investments. Read more.
Climate Action Game Changers: Urban Transport
The world needs affordable solutions that can rapidly cut transport’s dependence on fossil fuels, improve people’s lives, and can be expanded quickly to more places. Many of these solutions start in urban areas. Read more.
In Egypt, Safer and More Efficient Railways Will Bring Wide-Ranging Benefits for Development
World Bank rail projects in Egypt seek to reduce the climate and environmental impacts of transport by moving more people and goods from roads to rail. Major investment in Egypt’s railways will expand the network and make it more efficient, with the aim of spurring economic growth. Read more.
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