leStrade n. 1956 aprile 2024

Foto 5: UNECE Member States
(source UNECE).
Foto 6: PIERS Methodology
(source UNECE).
WORLD BANK: “FINANCING SUSTAI-
NABLE TRANSPORT IN THE DEVELOPING
WORLD”
This presentation discusses progress towards
Sustainable Development Goals in the transport
sector, highlighting the role of sustainable
finance and the initiatives of the World
Bank. Challenges include enhancing access,
road safety, and eco-friendly transportation,
necessitating significant resources from taxpayers
and users. Concessional finance,
while helpful, remains insufficient. Mobilizing
blended financing is crucial, alongside pricing
externalities and addressing equity concerns.
Optimizing public investments, including resilience
and economic benefits, is pivotal. The
pressing need for increased transportation
funding persists, despite the rise of green finance.
Collaboration with policymakers in developing
nations is essential, given ongoing
bankability challenges. A green taxonomy and
standards for project packaging may be necessary.
Scaling up smaller projects can engage
the private sector with innovative solutions.
Collaborating with financiers committed
to transport sustainability and having access
to capital markets is imperative.
“FINANCING AND IMPLEMENTING SU-
STAINABLE ROAD NETWORKS – TALKING
THROUGH EBRD’S APPROACH”
EBRD is a leading financial institution in road
infrastructure across its 38 economies of operation.
We continue to support road investments,
as a key component of dynamic and
resilient market economies, notably through
their contribution to increased regional and
local connectivity. All EBRD investments are
aligned to Paris agreement since 1 January
2023, and all funding now considers EV charging
infrastructure and other facilities for decarbonised
fleets, along with integration of
sustainable mobility modes, notably in urban
areas. The presentation will illustrate how
EBRD continues to support our clients develop
their road infrastructure through targeted
investments, including capacity building and
policy support programmes, where relevant.
ASIAN DEVELOPMENT BANK: “FINAN-
CING AND FUTURE
PROOFING ROAD NETWORKS”
The key message is - Climate change manifests
in various ways, and the transport sector
is called upon to lead integrated multi-sector
climate solutions. The number of climate
related events is increasing both in terms of
number and severity, which is impacting on
road networks and access. Concerted action
is required to climate and future proof road
networks to ensure they can still provide the
development impacts and provide economic
and social opportunities for all.
Foto 8: EBRD investment
activities (source EBRD).
Foto 7: World Bank
international activities
(source WB).
green, social, sustainability, sustainability-linked,
transition bonds), fundamental for mobilizing
relevant financial resources towards
sustainable investments, cumulative GSS+ aligned
volume crossed $ 4 tn in H1 2023 (source:
Climate Bonds Initiative); transport sector
between the three principal sectors.
• Mobilizing concessional finance and blended financing
for LMICs is crucial. Pricing externalities,
addressing ongoing bankability and equity
concerns, scaling up smaller projects to engage
the private sector.
Conclusions: Recommendations
for decision makers
The key conclusions for decision makers within
the industry included the following:
• Report on compatibility of road organisations’
investment and spending commitments with
the SDGs 2030 (e.g. indicators for resilience
and maintenance planning, road safety performance
linked to U.N. Decade of Action).
• The ITF Transport Outlook 2023 showed that
the transport (road) sector isn’t on track to
achieve Paris Agreement’s goals; necessary acceleration
in pursuing a low-carbon high ambition
scenario globally to reduce emissions.
Investment patterns will shift given sector’s
transition (roads will remain the largest share,
more investments in rail and public transport).
Policy and investment recommendations for a
long-term vision-led planning for integrated
sustainable transport systems and road infrastructure’s
quality, aligned with the U.N. SDGs
and the Paris Agreement.
• The UNECE PPP and Infrastructure Evaluation
and Rating System (PIERS) represents a
methodology for governments and private sector
to evaluate and score PPPs and infrastructure
projects’ quality based on their contribution
to the SDGs, promoting sustainable and impactful
infrastructure development. Enhancing
their sustainability and attractiveness to catalyse
investments, including for the road sector.
• Pivotal role of the MDBs (WB, EBRD, ADB) in
Infrastrutture&Mobilità
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