More Climate Finance for Sustainable Transport
Actions to reduce greenhouse gas (GHG)
emissions to stabilize warming at 2 degree Celsius, as
agreed by the international community in 2009, will fall
short if they do not include the transport sector. Transport
is responsible for around 23 percent of global carbon
dioxide emissions and emissions are expected to rise without
further action to curb emission growth and invest in low
carbon transport modes. Investment needs are estimated at