WRI working paper: “Trillion Dollar Question II: Tracking Investment Needs in the Transport Sector”

This paper reveals how investments in sustainable transport infrastructures can not only reduce climate-warning-emissions by 23% but it can actually be more affordable and have potential savings of $300 billion per year. So investing on low-carbon transport is no longer an over expensive action for cities and benefits go beyond the economy, they provide social, economic and environmental advantages. Some cities are using good urban policy to make sustainable transport a priority, such as Belo Horizonte, and are enhancing infrastructure for non motorized transport.
Low-carbon transport investment could save usd 300 billion a year and is within the current financial flows. It is question of shifting – not increasing – financial flows toward green investment in transport. – Benoit Lefevre,Director, Energy & Climate & Finance, WRI

Photo: Bus Rapid Transit systems in Rio de Janeiro. Photo by WRI Brasil/Flickr
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