Taking on Transport Emissions
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Taking on Transport Emissions: Motorization Management and the Trade of Used Vehicles
We cannot win the fight against climate change without reducing the carbon footprint of transport. The sector currently accounts for a quarter of energy-related GHG emissions, and, without aggressive action, that number could grow even higher in the coming years. While there are many ways we can help lessen the climate impact of transport, one key priority is to manage motorization more effectively. In developing countries, the number of vehicles on the road is expected to double in the next 15-20 years, and much of that growth will come from used vehicles imported from high-income countries.
What are the responsibilities of developed and developing countries in regulating the global trade of used cars, trucks, and buses? How can we ensure these vehicles meet acceptable environmental and safety standards? How can countries promote adequate and proper maintenance? These are some of the key questions that the World Bank, the government of the Netherlands, and the United Nations, and other key development partners will be taking on as they mark the launch the new Transport Decarbonization Investment series.
- Mari Pangestu, Managing Director, Development Policy and Partnerships, World Bank
- Stientje van Veldhoven, Minister for the Environment, Netherlands
- Inger Andersen, Executive Director of the UN Environment Programme and Under-Secretary-General, United Nations
- Pablo Fajnzylber, Acting Vice President and Director of Strategy and Operations, Infrastructure, World Bank
Join us for the live conversation on June 7th.
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The Transport Decarbonization Investment series is the product of a collaboration between the Netherlands, the World Bank, and the World Resources Institute. Drawing on World Bank research and knowledge, the series aims to deliver actionable recommendations for COP 26, with a focus on overcoming investment barriers and developing innovative financial instruments to decarbonize transport. This platform also aims to promote coordinated and joint actions by governments, cities, companies, and financial institutions on key levers that boost investments in decarbonizing transport.