Sustainable Urban Transport Financing from the Sidewalk to the Subway

Sustainable Urban Transport Financing from the Sidewalk to the Subway

Author: Arturo Ardila-Gomez

Publisher: World Bank Publications

Published: 2015-12-31

Total Pages: 111

ISBN-13: 1464807574

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Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."


Mobilising Private Investment in Sustainable Transport

Mobilising Private Investment in Sustainable Transport

Author: Géraldine Ang

Publisher:

Published: 2013

Total Pages: 81

ISBN-13:

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Transport infrastructure is a pillar of economic development and a key contributor to climate change. Globally, transport-related greenhouse gas emissions are expected to double by 2050 in the absence of new policies. There is an urgent need to scale-up and shift transport infrastructure investments towards lowcarbon, climate-resilient transport options and help achieving the environmental, social and economic benefits associated with sustainable transport infrastructure. Given the extent of investment required to meet escalating global transportation infrastructure needs, and the growing strains on public finances, mobilising private investment at pace and at scale will be necessary to facilitate the transition to a greener growth. Investment barriers, however, often limit private investment in sustainable transport infrastructure projects, due to the relatively less attractive risk-return profile of such projects compared to fossil fuelbased alternatives. In part, this can be attributed to market failures and government policies that fall short of accounting for the full costs of carbon-intensive road transport and the benefits of sustainable transport modes.


Sustainable Mobility in a Fast-Changing World

Sustainable Mobility in a Fast-Changing World

Author: Nancy Vandycke

Publisher: Springer Nature

Published: 2022-10-11

Total Pages: 188

ISBN-13: 3031089618

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Our world is changing fast. Countries’ transport systems, which have long been shaped by project-by-project considerations, must help achieve higher-level goals for the well-being of mankind, as embodied by the UN's Sustainable Development Goals and the Paris Climate Agreement. New forces impose greater effectiveness in the way public choices are made, such as making better use of data and technologies, adopting a more inclusive and participatory approach to decision making, and addressing social concerns about equity. Transport practitioners and country decision-makers have been looking for structured and coherent guidance about ways to adjust to these new dynamics and change the trajectory of transport system. This book examines the rationale for and details an innovative approach for public decision-making to expedite the pace to sustainable mobility.


An Introduction to Sustainable Transportation

An Introduction to Sustainable Transportation

Author: Preston L. Schiller

Publisher: Routledge

Published: 2010-08-12

Total Pages: 370

ISBN-13: 1136541942

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Transportation plays a substantial role in the modern world; it provides tremendous benefits to society, but it also imposes significant economic, social and environmental costs. Sustainable transport planning requires integrating environmental, social, and economic factors in order to develop optimal solutions to our many pressing issues, especially carbon emissions and climate change. This essential multi-authored work reflects a new sustainable transportation planning paradigm. It explores the concepts of sustainable development and sustainable transportation, describes practical techniques for comprehensive evaluation, provides tools for multi-modal transport planning, and presents innovative mobility management solutions to transportation problems. Students of various disciplines, planners, policymakers and concerned citizens will find many of its provocative ideas and approaches of considerable value as they engage in the processes of understanding and changing transportation towards greater sustainability. This text reflects a fundamental change in transportation decision making. It focuses on accessibility rather than mobility, emphasizes the need to expand the range of options and impacts considered in analysis, and provides practical tools to allow planners, policy makers and the general public to determine the best solution to the transportation problems facing a community. The book starts by placing transportation within the broader sustainability discussion, emphasising a comprehensive approach to sustainability planning and introducing the notion of 'regenerative transportation'. In sections on policymaking and planning the book examines how decisions are currently, and how they should be, made - explaining the complex and often misunderstood area of public participation. The authors explain demand management as applied to transportation and present lessons from other public arenas and areas of application, especially in urban-suburban areas. The text takes readers through each and every mode of transport, beginning with human-powered modes and ending in motorized modes, including marine and air transport. The modes are analyzed separately and in comparison with others according to several criteria: Capacity/utility/functionality considerations; infrastructure demands; resource consumption; land use considerations; pollution; and costs. In ways that non-technically trained readers as well as planning students professionals can find useful the book includes guidance on how to optimize transportation systems; balancing economic, social and environmental objectives while creating just, robust, and diverse, rather than one-size-fits-all, solutions. The modes are grouped and compared within their respective contexts, and there is vital discussion and differentiation between passenger and freight-goods transport. The final section develops a comprehensive summary of the previous chapters and develops arguments for sustainable transportation policymaking and integrated planning, providing international examples and case studies and extracting from them general applications for integrated sustainable transportation. Featuring extensive international examples and case-studies, textboxes, graphics, recommended reading and end of chapter questions, the authors draw on considerable teaching and researching experience to present an essential, ground-breaking and authoritative text on sustainable transport.


Handbook of Sustainable Transport

Handbook of Sustainable Transport

Author: Carey Curtis

Publisher: Edward Elgar Publishing

Published: 2020-12-25

Total Pages: 512

ISBN-13: 1789900476

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Exploring the need for a sustainable transport paradigm, which has been sought after by local and national authorities internationally over the last 30 years, this illuminating and timely Handbook offers insights into how this can be secured more broadly and what it may involve, as well as the challenges that the sustainable transport approach faces. The Handbook offers readers a holistic understanding of the paradigm by drawing on a wide range of research and relevant case studies that showcase where the principles of sustainable transport have been implemented.


Improving Urban Access

Improving Urban Access

Author: Elliott D. Sclar

Publisher: Routledge

Published: 2016-03-31

Total Pages: 253

ISBN-13: 131740436X

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By 2050, two-thirds of the world’s population will live in cities. To thrive, they will need efficient and sustainable forms of transport, but to achieve this, the financial incentives guiding urban transport operation must change – and change rapidly. Urban transport plays a critical role in determining the social, environmental and economic shape of cities. Improving Urban Access: New Approaches to Funding Transport Investment provide innovative ideas on how we might reorganize transport finance to ensure that it is suited to serving the social, environmental and economic principles that must guide future urban living. Continuing the work begun by its predecessor, Urban Access for the 21st Century, the authors assess the complexity of implementing new finance approaches and suggest ways to make positive and radical changes. Although the range of revenue raising options remain limited to users, indirect beneficiaries, and the general public, these can be recast to transform the way transport is paid for and therefore how its services are delivered. New finance models only succeed when they are intrinsically linked to the economic, social, cultural and political forces that create urban life. Together these volumes provide a starting point for the deeper research and policy design needed to successfully create urban transport finance systems that can address the challenges that 21st century cities present.


Institutional Barriers to Sustainable Transport

Institutional Barriers to Sustainable Transport

Author: Carey Curtis

Publisher: Routledge

Published: 2016-06-03

Total Pages: 278

ISBN-13: 1317115872

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In a world seeking to tackle global environmental problems such as climate change, the importance of local and national institutional change to deal most effectively with these issues is critical. This book presents an investigation of the institutional barriers preventing the development of a new vision for urban transport compatible with these realities and in those terms 'sustainable'. Through an examination of transport planning in Australia, the book challenges conventional wisdom by showing, through original research, how 'car dependence' is as much an institutional as a technical phenomenon. The authors' case studies in three metropolitan cities show how transport policy has become institutionally fixated on a path dominated by private, road-based transport and how policy systems become encrusted around investment to accommodate private cars, erecting an impenetrable barrier against more sustainable mobility and accessibility solutions. Representing a new approach to understanding transport policy, this book brings sophisticated political-institutional analysis to what has traditionally been the domain of engineering and technology. The authors connect the empirical content to this theory and the issue of sustainability making the findings applicable to most cities of the developed world, and to fields beyond transport planning. A strategy and program of action is outlined to take advantage of changing public perceptions and aimed at creating a new vision for urban transport.