Multilateral Development Banks work on sustainable transport

Rio+20 Commitment

USD 175 billion for transport in developing countries between 2012-2022

Eight Multilateral Development Banks (MDBs) have targeted to provide more than US$175 billion of loans and grants for transport in developing countries between 2012-2022. This target is included in the MDBs’ Joint Statement of 2012 as one of the 17 Voluntary Commitments on Sustainable Transport during the United Nations Conference on Sustainable Development, also known as Rio 2012 (Rio+20).

The June 2012 joint statement “Commitment to Sustainable Transport” was issued at the Rio+20 United Nations Conference on Sustainable Development by the following institutions:

MDB Working Group on Sustainable Transport

Since 2016, SLOCAT has been providing secretariat services to support the MDBs Working Group on Sustainable Transport in scaling up existing success stories and pioneering investments.

Conducted summary analysis of the Working Group’s achievements from 2012 to 2018 to outline:

Identification of potentials to create systemic change in sustainable transport financing activities.
Reflections on the need to further refine methodologies and common indicators for evaluation and reporting.

Conducted initial planning for a workshop:*

Focus on transport good practices on road safety, climate change adaptation, Mobility-as-a-System in CAF member countries.
Based on criteria developed by SLOCAT and consortium members (Despacio, UITP and WRI).
Aligning good practices with economic, social, and environmental aspects with the potential to transform access for vulnerable persons.

*Workshop was cancelled by CAF, in its capacity of rotating chair for the Working Group, due to the global pandemic.

Progress reports and other resources

European Investment Bank Climate Bank Roadmap 2021-2025

In November 2019, the European Investment Bank (EIB)’s Board of Directors approved a new level of ambition for the EIB towards climate action and environmental sustainability. The EIB now needs to turn this ambition into reality and would like interested stakeholders to accompany it in developing its roadmap – the Climate Bank Roadmap 2021-2025 – that will guide this transition.

The SLOCAT Partnership facilitates a task force of partner to develop a submission on behalf of the SLOCAT Partnership to the open stakeholder engagement consultation towards the EIB Climate Roadmap 2021-2025.

Joint Islamic Development Bank – Integrated Climate and Sustainability Actions

The Islamic Development Bank (IsDB) and the SLOCAT Partnership on Sustainable, Low Carbon Transport are engaged in a multi-phase research collaboration on transport and climate change in IsDB member countries. The project addresses a number of challenges faced by IsDB member countries, including rapid urbanisation, rising motorisation rates, growing greenhouse gas emissions, climate change vulnerabilities, upstream capacity constraints and limited pipelines for infrastructure projects.