Financing of sustainable, low carbon transport in developing countries: improving existing instruments and creating new instruments
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By Cornie Huizenga. Presented on Day Two of Transforming Transportation. Washington, D.C. January 15, 2010.
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Financing of sustainable, low carbon transport in developing countries: improving existing instruments and creating new instruments
- 2. Cornie Huizenga, Joint Convener, SLoCaT Partnership “ Financing of sustainable, low carbon transport in developing countries: improving existing instruments and creating new instruments” Next Steps after Copenhagen: Opportunities and Challenges in the Transport Sector Transforming Transportation 2010
- 5. Dhaka, Bangladesh Photo: Karl Fjellstrom
- 6. Beijing, China Photo: Cornie Huizenga
- 7. Hanoi, Vietnam Photo: Cornie Huizenga
- 8. Scale and Impact: We need a global 50% CO2 cut by 2050 IEA ETP 2008 “ Given the role that transport plays in causing greenhouse gas emissions, any serious action on climate change will zoom in on the transport sector” Yvo de Boer, Executive Secretary UNFCCC, January 2009
- 9. Energy Subsidies in 2007
- 10. Utilization Current Transport Funding Development Banks Inter-American Development Bank World Bank Asian Development Bank
- 13. The Challenge: Integrate emerging processes at all Levels
- 14. Funding Sustainable Low Carbon Transport in developing countries Source: Ko Sakamoto
- 19. For more information: Cornie Huizenga Joint Convener Partnership on Sustainable Low Carbon Transport [email_address] www.slocat.net
Editor's Notes
- This is clearly unsustainable. In fact, in a CO2 constrained world, we will need to achieve massive reductions in CO2 emissions to 2050. In ETP’s “BLUE” scenario, we identify ways to achieve a 50% reduction in energy-related CO2 emissions to 2050 from across different sectors. Though transport is perhaps the most difficult sector to address, we find it must provide deep cuts like other sectors. Without transport cuts, the best we can do is keep CO2 roughly constant into the future. Not good enough. In BLUE, transport achieves a 30% reduction in CO2 in 2050 compared to its 2005 levels ( a 70% reduction compared to 2050).