Sustainable Urban Transport Financing from the Sidewalk to the Subway

Sustainable Urban Transport Financing from the Sidewalk to the Subway
Author :
Publisher : World Bank Publications
Total Pages : 111
Release :
ISBN-10 : 9781464807572
ISBN-13 : 1464807574
Rating : 4/5 (72 Downloads)

Synopsis Sustainable Urban Transport Financing from the Sidewalk to the Subway by : Arturo Ardila-Gomez

Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."

Innovative Financing

Innovative Financing
Author :
Publisher :
Total Pages : 140
Release :
ISBN-10 : UCAL:B5149734
ISBN-13 :
Rating : 4/5 (34 Downloads)

Synopsis Innovative Financing by : United States. Congress. Senate. Committee on Environment and Public Works

Financing Transportation Networks

Financing Transportation Networks
Author :
Publisher : Edward Elgar Publishing
Total Pages : 246
Release :
ISBN-10 : NWU:35556033449505
ISBN-13 :
Rating : 4/5 (05 Downloads)

Synopsis Financing Transportation Networks by : David M. Levinson

Argues the case for road tolls becoming the preferred means of financing roads.

Sustainable Urban Transport

Sustainable Urban Transport
Author :
Publisher : Emerald Group Publishing
Total Pages : 298
Release :
ISBN-10 : 9781784416157
ISBN-13 : 1784416150
Rating : 4/5 (57 Downloads)

Synopsis Sustainable Urban Transport by : Maria Attard

This publication brings together an international group of researchers and presents work from different countries dealing with issues related to transport policy, attitudes and mode choice, car sharing and alternative modes of transport, and discusses the future of non-motorized modes of transport.

Economic Analysis and Infrastructure Investment

Economic Analysis and Infrastructure Investment
Author :
Publisher : University of Chicago Press
Total Pages : 479
Release :
ISBN-10 : 9780226800585
ISBN-13 : 022680058X
Rating : 4/5 (85 Downloads)

Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

Transportation Asset Management

Transportation Asset Management
Author :
Publisher : CRC Press
Total Pages : 761
Release :
ISBN-10 : 9781482210538
ISBN-13 : 1482210533
Rating : 4/5 (38 Downloads)

Synopsis Transportation Asset Management by : Zongzhi Li

Transportation asset management delivers efficient and cost-effective investment decisions to support transportation infrastructure and system usage performance measured in economic, social, health, and environmental terms. It can be applied at national, state, and local levels. This distinctive book addresses asset management for multimodal transportation, taking account of system component interdependency, integration, and risk and uncertainty. It sets out rigorous quantitative and qualitative methods for addressing system goals, performance measures, and needs; data collection and management; performance modeling; project evaluation, selection, and trade-off analysis; innovative financing; and institutional issues. It applies as easily to static traffic and time-dependent or dynamic traffic which exists on a more local level. It is written for transportation planners, engineers, and academia, as well as a growing number of graduate students taking transportation asset management courses.

New Mobilities

New Mobilities
Author :
Publisher : Island Press
Total Pages : 210
Release :
ISBN-10 : 9781642831450
ISBN-13 : 164283145X
Rating : 4/5 (50 Downloads)

Synopsis New Mobilities by : Todd Litman

In New Mobilities: Smart Planning for Emerging Transportation Technologies, transportation expert Todd Litman examines 12 emerging transportation modes and services that are likely to significantly affect our lives: bike- and carsharing, micro-mobilities, ridehailing and micro-transit, public transit innovations, telework, autonomous and electric vehicles, air taxis, mobility prioritization, and logistics management. Public policies around New Mobilities can either help create heaven, a well-planned transportation system that uses new technologies intelligently, or hell, a poorly planned transportation system that is overwhelmed by conflicting and costly, unhealthy, and inequitable modes. His expert analysis will help planners, local policymakers, and concerned citizens to make informed choices about the New Mobility revolution.

Innovative Financing for Development

Innovative Financing for Development
Author :
Publisher : World Bank Publications
Total Pages : 220
Release :
ISBN-10 : 9780821377062
ISBN-13 : 082137706X
Rating : 4/5 (62 Downloads)

Synopsis Innovative Financing for Development by : Suhas Ketkar

Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. 'Innovative Financing for Development' is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating access to international capital markets. It argues that poor countries, especially those in Sub-Saharan Africa, can potentially raise tens of billions of dollars annually through these instruments. The chapters in the book focus on the structures of the various innovative financing mechanisms, their track records and potential for tapping international capital markets, the constraints limiting their use, and policy measures that governments and international institutions can implement to alleviate these constraints.