Lloyd Wright
Manila, Philippines
17 November 2011
78% road
2020
Roads Rail Water Air Urban
Roads
Rail
Water
Air
Urban
Sustainable Transport Initiative 1. Urban transport 2. Transport and climate change 3. Logistics and cross-border transport 4. Road safety and social sustainability
Financial realities
$ Trillions
Investment need for a sustainable transport transformation
$ Billions
Development assistance
$ Millions
Carbon finance
Carbon Credits
Health Credits
Congestion Pricing
Parking Levies
Fuel Levies
0.1%
To scale up sustainable transport initiatives, carbon markets alone are insufficient
Pilot Fund
Mechanism type: Offset Target fund size: US$ 75 million No. of cities to be awarded: 2 3 cities Start date: Late 2012
Developed Nation
High levels of fixed infrastructure High-cost fuel reduction Global fuel price reduction / price volatility reduction
Investment
Health Credits
Health insurance and auto insurance firms benefit financially from sustainable transport measures that reduce fatalities, injuries, and illness
Accidents
Injuries Deaths Work day losses Productivity losses Vehicle and property damage
Noise
Illness Productivity losses
Air Contaminants
Asthma Other respiratory disease Respiratory infections Trachea, bronchus, lung cancers Cardiovascular disease Stroke and heart attacks
Lifestyle
Obesity General fitness
Carbon credits Fuel Security Credits Health Credits Congestion Charge Parking Levy Land Value Capture Fuel Levy
ADB contacts
East Asia Tyrrell Duncan South Asia Teresa Kho Southeast Asia James Lynch Central and West Asia Ramesh Subramaniam Pacific Robert Guild Sustainable Transport Initiative Jamie Leather jleather@adb.org Lloyd Wright lwright@adb.org Ko Sakamoto ksakamoto@adb.org
Thank you
Lwright@adb.org