Executive Summary: Transport at SB64 — What You Need to Know
Transport is off-track for 1.5°C but central to delivering the Global Stocktake and meeting the Paris targets. SB64 is a key moment to lock transport into the core of implementation and finance discussions.
1. Anchor GST-1 Implementation in a Global Goal for Transport
GST-1 calls for transitioning away from fossil fuels and reducing road transport emissions, but transport finance and policy remain fragmented. SLOCAT and partners urge Parties to:
- Recognise and support a quantified Global Goal for Transport as a “North Star” for GST-2, NDCs, NAPs and the UN Decade of Sustainable Transport.
- Endorse and reference the Ministerial Declaration on Resilient and Low-Emissions Transport (25% transport energy demand reduction by 2035; one-third renewable and sustainable fuels), launched at COP30 and already signed up to by 11 countries.
- Use the forthcoming SLOCAT-coordinated “Global Transport Stocktake” of NDCs and NAPs as a technical input to GST-2 and implementation dialogues.
2. Fix the Finance Gap and Realign Flows under Article 2.1(c)
Transport needs around USD 2.7 trillion per year to 2050 (7x current investment), yet only a fraction of climate finance reaches the sector, while around USD 7 trillion still supports fossil subsidies. At SB64, negotiators can:
- Use the Veredas Dialogue and UAE Dialogue to push time-bound fossil fuel subsidy phase-out in transport and redirect flows to low-carbon, resilient mobility.
- Earmark climate finance for sustainable transport, and develop transport-sensitive access criteria so cities and LMICs can actually draw on funds.
- Activate Article 6 carbon markets to make low-carbon passenger and freight projects bankable.
3. Treat Transport as a Core Delivery Sector for Mitigation, Adaptation and Just Transition
Only around 3% of adaptation finance reaches transport, despite extreme exposure to climate risks and huge economic losses when systems fail. Negotiators and stakeholders can:
- Elevate resilient transport infrastructure in the Baku Adaptation Roadmap, GGA indicators, and Adaptation Fund discussions.
- Integrate transport metrics into Belém Adaptation Indicators and NAPs.
- Use the Just Transition Work Programme to move beyond vehicle technology towards people-centred, affordable, accessible mobility.
4. Leverage Systemic Levers: Country Champions, Energy Nexus, and PAS
- Invite “Transport Country Champions” and regional roundtables to turn COP signals into on-the-ground phase-out timelines and infrastructure pipelines.
- Promote joint transport and energy sessions and ministerials (COP31 to COP32) to synchronise renewables, electrification and fossil fuel phase-out.
- Acknowledge transport Plans to Accelerate Solutions (PAS) under the Climate Action Agenda as implementation partners for NDCs, NAPs and GST-1 outcomes, and invite their technical inputs into SB64 dialogues.
