Increasing demands for mobility and climate action are at the center of a 21st century approach to transport.
Emissions from transport already account for 24% of the world’s total energy-related GHG emissions. With the rapid pace of urbanization and motorization in developing countries, this could increase by 60% by 2050.
Reliance on carbon-intensive transport harms the climate and people, and the poorest countries and communities pay the heaviest toll.
To break this cycle, we must fundamentally change the way we move people and goods. And we must do it now.
A world where developing countries do not have to choose between development and climate action.
With the right investments in high-quality public transport, well-connected cities, non-motorized transport options, and cleaner technologies, achieving development progress and climate targets can be mutually reinforcing.
GFDT is the first and only program that takes a truly global and integrated approach to transport decarbonization.
Being embedded in the World Bank Group enables us to pool resources to help move big projects that otherwise could not go forward.
Our impact will extend beyond decarbonization to benefit people who are disconnected from jobs, essential services, and opportunities, including women and those living in rural areas.
GFDT will support the deployment of low-carbon mobility and resilient transport solutions in three ways:
- Project design and implementation: GFDT financing will target pilot projects with measurable climate benefits that use innovative technology.
- Research and data: Robust analytics are essential in identifying the specific challenges faced by each country and identifying the right solutions.
- Capacity building: GFDT will help clients modernize policies, regulations, and institutions to catalyze more resources for low-carbon transport.
GFDT will fast-track the transition to greener, more sustainable transport by helping developing countries:
- Avoid motorized transport where possible.
- Shift passenger and freight traffic to cleaner modes.
- Improve the efficiency of transport vehicles and operations with new technology.
- Strengthen transport systems to enhance resilience.
The global infrastructure financing gap is massive – up to $944 billion annually through 2030.
GFDT will use your contributions to fill this gap and build on the World Bank’s track record of success:
- Abidjan BRT Project: The World Bank is working to transform urban mobility in Abidjan, Cote d’Ivoire. The new bus rapid transit system will connect residents with 600,000 jobs, lower the cost of transit and reduce the time spent in transit from 3 hours to 20 minutes.
- Quito Metro: The World Bank co-funded a metro system in Quito, Ecuador, which will transport up to 400,000 passengers daily.
- Modernizing fleets: In Egypt, the World Bank helped turn in, scrap, and recycle 45,000 "clunker" taxis. This reduced GHG emissions by 310,000 tons of CO2 between 2013 and 2017.
To learn more about the GFDT, please contact:
- Binyam Reja, Acting Global Director for Transport - email@example.com
- Shokraneh Minovi, Partnership Specialist - firstname.lastname@example.org
With support from: