Posts Tagged: Climate finance

Global Environment Facility prioritizes transport in addressing low emission development needs at the city level

(GEF Washington D.C., December 09)– Transport is a crucial sector for sustainable development. When done right, transport can help expand economic opportunities and contribute to poverty reduction. However, rapid motorization is leading to congested cities, air pollution, accidents and rapid increases in greenhouse gas emissions – especially in developing countries – with global emissions from transport projected to increase 50% by 2030.