Reducing Emissions Through Sustainable Transport: Proposal for a Sectoral Approach

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Summary

"The large mitigation potential and associated co-benefits of taking action in the land transport sector can be tapped into by a sectoral approach drawing financial resources from a transport window, in the short term within the fast-start finance being provided in the context of the Copenhagen Accord, and in the long term under a Post-2012 UNFCCC fund, that provides support in: Formulation of transport Nationally Appropriate Mitigation Actions (NAMAs), Capacity building, particularly for the measuring, reporting and verification (MRV) of mitigation actions, and Implementation of sustainable transport policies, programmes and projects. This will augment existing mechanisms, such as the Clean Development Mechanism (CDM) and the Global Environmental Facility (GEF), and help address the current lack of financing available for sustainable transport."

References

  1.  "Reducing Emissions Through Sustainable Transport"