Posts tagged with 'The Trillion Dollar Question'
Both public and private sector investments play an important role in supporting sustainable urban mobility and minimizing the costs of private automobile use. Photo by Mariana Gil/EMBARQ Brasil.
What does public and private sector investment in transport look like?
Congestion, high levels of air pollution, and traffic crashes are consequences of a culture of investment that has focused for decades on the automobile. These externalities can cost up to 10 percent of a country’s GDP, and the world’s vehicle fleet is ...
Metro construction in Mysore, India. Photo by Samuel Raj/Flickr.
The trillion dollar question: Where does transport investment come from?
How much money is spent on global transport systems? And where is this money coming from? These are critical questions: The world’s cities will add 274,000 people every day for the next 30 years, and urban leaders are currently grappling ...