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Analysis and Policy Recommendations from the United Nations Secretary-General’s High-Level Advisory Group on Sustainable Transport 42<br />

FINANCING<br />

8. Promote diversified funding sources and coherent<br />

fiscal frameworks to advance sustainable transport<br />

systems, initiatives and projects.<br />

a. Employ regulatory and market-based measures<br />

appropriate to national and local needs and<br />

circumstances to diversify sources of funding<br />

towards sustainable transport, while at the same<br />

time encouraging changes in behaviour.<br />

b. Use beneficiary and polluter pays measures<br />

including carbon pricing, congestion pricing,<br />

and other charges as part of the diverse tool box<br />

from which funding for transport can be drawn.<br />

c. Keep fairness and equity as guiding principles<br />

in the application and implementation of these<br />

measures, avoiding excessive impact of these<br />

mechanisms on those with fewer resources<br />

and on the funding base needed for transport<br />

systems to be able to make sustainable<br />

infrastructure investments.<br />

d. Introduce innovative approaches, such as<br />

land value capture programs, green bond<br />

investments, and transit-oriented development<br />

grants as applicable and appropriate.<br />

e. Make strategic, equity-based decisions regarding<br />

the use of revenue, including from market-based<br />

and other sustainable transport measures.<br />

f. Scale down and eliminate inefficient fossil<br />

fuel subsidies by national and sub-national<br />

governments.<br />

g. Ensure that the principles of sustainability<br />

are respected when national and local<br />

governments and private sector organizations<br />

are planning for the participation of private<br />

capital through public-private partnerships and<br />

other approaches.<br />

h. Cooperate within national and local<br />

governments on enhancing the creditworthiness<br />

of cities.<br />

9. Increase international development funding and<br />

climate funding for sustainable transport.<br />

a. Establish clear criteria, including equitable<br />

access, for international development funding of<br />

sustainable transport.<br />

b. Ensure that climate funding mechanisms finance<br />

sustainable transport initiatives, acknowledging<br />

their inherent complexity, great mitigation<br />

potential and multiple co-benefits.<br />

TECHNOLOGICAL INNOVATION<br />

10. Promote sustainable transport technologies<br />

through outcome-oriented government<br />

investment and policies that encourage private<br />

sector investment and action through various<br />

incentive structures.<br />

a. Provide financial resources and support<br />

technical capacity building to advance research<br />

and development and scaling up of clean fuels<br />

and propulsions, sustainable transport services<br />

and renewable energy.<br />

b. Enact and enforce performance standards that<br />

drive industry toward developing clean and<br />

more efficient systems and technologies.<br />

c. Maintain policy neutrality to allow consumers<br />

and market forces to drive development toward<br />

the most effective sustainable technology.<br />

d. Lead by example through government<br />

procurement of sustainable technologies and<br />

products, and policies encouraging employees<br />

to travel and act sustainably.<br />

e. Advance knowledge sharing, open data<br />

sources and technical assistance to developing<br />

countries, including through capacity building<br />

and knowledge, test and demonstration<br />

platforms by national governments, international<br />

organizations and the business sector.

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