Climate Finance and Economic Mechanisms: Two Essential Yet Mismatched Pieces of the Sustainable Transport Puzzle

May 6, 2025

New article published in Green Mobility Magazine

We’re pleased to announce that our latest article, “Climate Finance and Economic Mechanisms: Two Essential Yet Mismatched Pieces of the Sustainable Transport Puzzle”, has just been published in Green Mobility Magazine.

The message is clear: without bold reforms to climate finance and economic policies, we won’t get transport on track to meet climate goals.

Transport plays a vital role in economies and daily lives worldwide – but it’s also one of the biggest contributors to carbon emissions. To stay on course for 1.5°C and deliver on the Sustainable Development Goals, we must overhaul how transport is financed and how public money is spent.

The article unpacks:

  • Why climate finance for transport remains far too low, especially in low- and middle-income countries;

  • How fossil fuel subsidies and outdated appraisal methods continue to block progress;

  • What’s needed to scale investment in clean, low-carbon mobility options;

  • And how the next round of national climate plans (NDCs 3.0) can support these shifts.

The piece draws on new research and insight from the SLOCAT team and comes at a key moment ahead of COP30 in Belém, Brazil, and the launch of the UN Decade of Sustainable Transport.

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SLOCAT is the international, multi-stakeholder partnership powering systemic transformations and a just transition towards equitable, healthy, green and resilient transport and mobility systems for the people and the planet.

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