HOW TO BRING SUSTAINABLE URBAN TRANSPORT INTO FUTURE CLIMATE FUNDING?

The transport sector is responsible for 14% of all greenhouse gases emitted (WRI, 2005) and CO2 emissions from the sector are predicted to increase by 120% by 2050 compare to 2000 levels (OECD/ITF, 2008). In 2030, almost all global population growth will be in cities of the South. So, it is crucial to provide urban areas in developing countries with secure stable funding in order to foster the implementation of sustainable land use policies and sound transport infrastructures. However to date, carbon finance tools do not match the urban transport challenges such as increase of GHG emissions, air pollution, congestion and health problems. Veolia Transport and UITP launched the initiative “Bridging the gap: pathways for transport in the post 2012 process” with GIZ, TRL and ITDP in order to influence the reform of the current carbon financing mechanisms so that developing countries build sustainable urban transit systems and develop visionary integrated policies. The NAMAs (Nationally Appropriate Mitigation Action) could be an opportunity to foster local mitigation actions in the transport sector. But carbon finance will only be an incentive not a silver bullet

• Corporate Authors:

  International Association of Public Transport (UITP)

  Rue Sainte Marie 6
  Brussels,   Belgium  BE-1080
• Authors:
  • Edant, Caroline
• Publication Date: 2011

Language

• English

Media Info

• Pagination: 17
• Serial:
  • CONGRESS - DUBAI 2011
  • Issue Number: Session 07

Subject/Index Terms

• TRT Terms: Financing; Greenhouse gases
• UITP Terms: Carbon credits; Financing methods and sources
• Subject Areas: Finance;

Filing Info

• Accession Number: 01338886
• Record Type: Publication
• Source Agency: International Association of Public Transport (UITP)
• Files: UITP
• Created Date: May 3 2011 2:24PM