SLoCaT Rio+20 Follow-up

Transport Related Follow-Up: The inclusion of sustainable transport as a priority in the Chapter V. Framework for Action and Follow-up of the draft Outcome Document for Rio: “The Future We Want” positions Rio+20 to be a pivotal event for scaling up and mainstreaming sustainable transport. 

World’s Largest Development Banks Join Together at Rio+20 to Invest $175 Billion for the Creation of More Sustainable Transport Systems

RIO DE JANEIRO, BRAZIL (20 June, 2012)—The eight largest multilateral development banks (MDBs) announced today that they will invest US$175 billion to finance more sustainable transportation systems over the coming decade, boosting equitable economic development and protecting the environment and public health across the developing world. The pledge by the Asian Development Bank, the World Bank and six other MDBs was made at the start of United Nations Conference on Sustainable Development (also known as Rio+20).