Turning the right corner: ensuring development through a low-carbon transport sector
Turning the Right Corner: Ensuring Development through a Low-Carbon Transport Sector finds that adopting new vehicle technologies and alternative fuels will not be enough to curb greenhouse gas emissions from transport: new patterns of mobility will also be needed. In developing countries where past infrastructure investments have not yet locked in particular transport modes, there is an opportunity to contain emissions by harnessing low-emission modes of transport. The book argues that the transition to low-carbon mobility is not only urgently needed if economies are to avoid becoming locked into high-carbon growth, but is also affordable. It outlines how countries can combine policies to reduce greenhouse gas emissions with broader sector reforms that generate new fiscal resources to finance the transition in addition to carbon financing and international assistance.