Resource information
This report 'Turning the right
corner - ensuring development through a low carbon transport
sector' emphasizes that developing countries need to
transition to a low carbon transport sector now to avoid
locking themselves into an unsustainable and costly future.
Furthermore, it argues that this transition can be
affordable if countries combine policies to reduce
greenhouse gas emissions with broader sector reforms aimed
at reducing local air pollution, road safety risks, and
congestion. This report looks at relationships between
mobility, low carbon transport and development, drawing
attention to the inertia in transport infrastructure. It
complements the analysis by reviewing how climate change is
likely to affect operations and infrastructure,
cost-effective measures for minimizing negative effects, and
policies and decision frameworks. It further highlights
current and projected research findings and examples from
developing countries. And it concludes that new technology
is not enough, and that urgent action is needed before
economies become locked into high-carbon growth. It
discusses how to reconcile development with the need to curb
emissions, looking at three sets of instruments and their
limitations: new technologies and alternative fuels,
supply-side measures, and demand-side policies. This report
also looks at both available funding, such as carbon
financing and international assistance, and at ways to
generate new resources, considering that accounting for
negative externalities dramatically alters the economics of
transport investment.
