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8 development banks commit to provide more than $175B to scale up support for sustainable transport

Green Car Congress

The Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) are committing to provide more than $175 billion of loans and grants for transport in developing countries over the next decade. Sustainable transport solutions are available.

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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Export credit agencies that shift their focus towards facilitating the diffusion of sustainable transport vehicles and promote sustainable infrastructure investments. The private sector, given the right market signals, that can invest in and create new technologies and services that support sustainable transport.