Financing Low Carbon Transport Solutions in Developing Countries
Transport is a key component to climate solution and therefore, pivotal to reach benchmarks established by the ambitious Paris Agreement. We have the technology, tools, and opportunities to advance markets, unlock investments, and scale up action....
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/822531637309373667/Carbon-Transport-Solutions-in-Developing-Countries-Discussion-Paper http://hdl.handle.net/10986/36610 |
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okr-10986-366102021-11-20T05:10:39Z Financing Low Carbon Transport Solutions in Developing Countries Benitez, Daniel Alberto Bisbey, Jyoti CARBON EMISSIONS PUBLIC TRANSPORT LAND USE MOTORIZATION MANAGEMENT USED VEHICLE TRADE GREEN FREIGHT LOGISTICS DECARBONIZATION CARBON TAX FUEL TAX CLIMATE CHANGE MITIGATION GREENHOUSE GAS EMISSIONS CARBON PRICING E-MOBILITY BLENDED FINANCE GREEN TRANSPORT NET ZERO CARBON Transport is a key component to climate solution and therefore, pivotal to reach benchmarks established by the ambitious Paris Agreement. We have the technology, tools, and opportunities to advance markets, unlock investments, and scale up action. The climate action pathway – transport provides clear insights to advance and align transport with the objectives of the Paris Agreement, and is complemented by the global roadmap toward sustainable mobility. However, by most measures, action is well off-track, and greenhouse gas (GHG) emissions from transport are on the rise. At the same time, the momentum increases to drive action on transport and accelerate the transition to zero or low carbon transport modes. There are calls for decarbonizing transport and for improving the international community’s understanding of how specific investments and innovative finance solutions can create the conditions for market uptake of climate-smart solutions across transport sectors. Policy, technology, and investment are all critical in accelerating the transition toward carbon neutral transport. This document is organized as follows. Chapter 2 describes the trends on greenhouse gas emissions while Chapter 3 reviews the challenge to reduce emissions in developing countries summarizing the findings on the other TDI notes. Chapter 4 discusses the experience and trends in funding public investments and policies in the transportation sector while Chapter 5 describes the architecture of climate finance for transport decarbonization. Chapter 6 presents some innovative financial approaches and finally, Chapter 7 develops a series of recommendations for a transition to a low carbon pathway in transport. 2021-11-19T14:44:18Z 2021-11-19T14:44:18Z 2021-11 Working Paper http://documents.worldbank.org/curated/undefined/822531637309373667/Carbon-Transport-Solutions-in-Developing-Countries-Discussion-Paper http://hdl.handle.net/10986/36610 English Transport Decarbonization Investment Series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
CARBON EMISSIONS PUBLIC TRANSPORT LAND USE MOTORIZATION MANAGEMENT USED VEHICLE TRADE GREEN FREIGHT LOGISTICS DECARBONIZATION CARBON TAX FUEL TAX CLIMATE CHANGE MITIGATION GREENHOUSE GAS EMISSIONS CARBON PRICING E-MOBILITY BLENDED FINANCE GREEN TRANSPORT NET ZERO CARBON |
| spellingShingle |
CARBON EMISSIONS PUBLIC TRANSPORT LAND USE MOTORIZATION MANAGEMENT USED VEHICLE TRADE GREEN FREIGHT LOGISTICS DECARBONIZATION CARBON TAX FUEL TAX CLIMATE CHANGE MITIGATION GREENHOUSE GAS EMISSIONS CARBON PRICING E-MOBILITY BLENDED FINANCE GREEN TRANSPORT NET ZERO CARBON Benitez, Daniel Alberto Bisbey, Jyoti Financing Low Carbon Transport Solutions in Developing Countries |
| relation |
Transport Decarbonization Investment Series; |
| description |
Transport is a key component to
climate solution and therefore, pivotal to reach benchmarks
established by the ambitious Paris Agreement. We have the
technology, tools, and opportunities to advance markets,
unlock investments, and scale up action. The climate action
pathway – transport provides clear insights to advance and
align transport with the objectives of the Paris Agreement,
and is complemented by the global roadmap toward sustainable
mobility. However, by most measures, action is well
off-track, and greenhouse gas (GHG) emissions from transport
are on the rise. At the same time, the momentum increases to
drive action on transport and accelerate the transition to
zero or low carbon transport modes. There are calls for
decarbonizing transport and for improving the international
community’s understanding of how specific investments and
innovative finance solutions can create the conditions for
market uptake of climate-smart solutions across transport
sectors. Policy, technology, and investment are all critical
in accelerating the transition toward carbon neutral
transport. This document is organized as follows. Chapter 2
describes the trends on greenhouse gas emissions while
Chapter 3 reviews the challenge to reduce emissions in
developing countries summarizing the findings on the other
TDI notes. Chapter 4 discusses the experience and trends in
funding public investments and policies in the
transportation sector while Chapter 5 describes the
architecture of climate finance for transport
decarbonization. Chapter 6 presents some innovative
financial approaches and finally, Chapter 7 develops a
series of recommendations for a transition to a low carbon
pathway in transport. |
| format |
Working Paper |
| author |
Benitez, Daniel Alberto Bisbey, Jyoti |
| author_facet |
Benitez, Daniel Alberto Bisbey, Jyoti |
| author_sort |
Benitez, Daniel Alberto |
| title |
Financing Low Carbon Transport Solutions in Developing Countries |
| title_short |
Financing Low Carbon Transport Solutions in Developing Countries |
| title_full |
Financing Low Carbon Transport Solutions in Developing Countries |
| title_fullStr |
Financing Low Carbon Transport Solutions in Developing Countries |
| title_full_unstemmed |
Financing Low Carbon Transport Solutions in Developing Countries |
| title_sort |
financing low carbon transport solutions in developing countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/undefined/822531637309373667/Carbon-Transport-Solutions-in-Developing-Countries-Discussion-Paper http://hdl.handle.net/10986/36610 |
| _version_ |
1764485604958011392 |