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It was authored by the International Energy Agency (IEA), in collaboration with International Council on Clean Transportation (ICCT), and was funded by the FIAFoundation, through GFEI. Overall, global fuel economy has improved by an average of 1.7% per year over the past 12 years, although the rate of improvement has slowed to 1.4%
Although consumers will spend far less on their combined vehicle and plus fuel purchase costs, they won’t ever experience the higher net costs that would have occurred under a no-fuel-economy-improvement case. The Global Fuel Economy Initiative exists to promote debate and discussion around the issue of vehicle fuel economy.
Fleet purchasers both in the private and public sectors and rental companies should adopt Global NCAP’s Buyer’s Guide and choose five-star vehicles wherever possible. Global NCAP receives financial support from Bloomberg Philanthropies, the FIAFoundation, from International Consumer Testing and Research and from the Road Safety Fund.
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