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

SLOCAT provides secretariat services for the MDB Working Group on Sustainable Transport in 2019-2020 with Despacio, the International Association of Public Transport (UITP) and the World Resources Institute (WRI). The secretariat facilitates working group meetings, organises stakeholder workshops and releases progress reports on the approved sustainable transport projects by MDBs in the context of their commitment.

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 Secretariat facilitated a core group of partners to develop a submission on behalf of the whole Partnership for the open stakeholder engagement consultation of the Climate Roadmap 2021-2025. The submission was a part of a wider consultation process, which had a number of follow-up opportunities of contribution between March and July 2020.

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.