The World Bank and the World Resources Institute’s (WRI) sustainable transport center, EMBARQ, will co-host the 10th annual “Transforming Transportation” event on sustainable transport. The 2013 agenda will discuss, inter alia: capitalizing on the multilateral development banks’ $175 billion commitment for sustainable transport made during Rio+20; opportunities for sustainable transport in China, India and Latin America; integrating urban transport and development; improving transport health and safety in cities; and bringing shared bicycle solutions to scale in developing countries.
The International Civil Aviation Organization (ICAO) Council agreed to form a High-level Group regarding the feasibility of a global market-based measure for international aviation and to develop a policy Framework to guide its application. In response, the EU will “stop the clock” on enforcement of the inclusion of aviation in the EU’s Emissions Trading Scheme (ETS) on flights to and from Europe until autumn 2013.
The reports highlight that improving energy efficiency in operations, products and services, and the increased use of renewable energy are key priority action areas for business to support the UN Secretary-General’s Sustainable Energy for All (SE4ALL) initiative, while they also emphasize that industry-wide standards should be developed as well as new financing mechanisms to overcome risks associated with the suggested action areas.