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.

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.

Capital and the Common Good

Capital and the Common Good
Author :
Publisher : Columbia University Press
Total Pages : 263
Release :
ISBN-10 : 9780231541664
ISBN-13 : 023154166X
Rating : 4/5 (64 Downloads)

Synopsis Capital and the Common Good by : Georgia Levenson Keohane

Despite social and economic advances around the world, poverty and disease persist, exacerbated by the mounting challenges of climate change, natural disasters, political conflict, mass migration, and economic inequality. While governments commit to addressing these challenges, traditional public and philanthropic dollars are not enough. Here, innovative finance has shown a way forward: by borrowing techniques from the world of finance, we can raise capital for social investments today. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, pay-as-you-go solar electricity to Kenyans, and affordable housing and transportation to New Yorkers. It has helped governmental, commercial, and philanthropic resources meet the needs of the poor and underserved and build a more sustainable and inclusive prosperity. Capital and the Common Good shows how market failure in one context can be solved with market solutions from another: an expert in securitization bundles future development aid into bonds to pay for vaccines today; an entrepreneur turns a mobile phone into an array of financial services for the unbanked; and policy makers adapt pay-for-success models from the world of infrastructure to human services like early childhood education, maternal health, and job training. Revisiting the successes and missteps of these efforts, Georgia Levenson Keohane argues that innovative finance is as much about incentives and sound decision-making as it is about money. When it works, innovative finance gives us the tools, motivation, and security to invest in our shared future.

Innovative Transportation Financing

Innovative Transportation Financing
Author :
Publisher :
Total Pages : 794
Release :
ISBN-10 : NWU:35556025747049
ISBN-13 :
Rating : 4/5 (49 Downloads)

Synopsis Innovative Transportation Financing by : American Association of State Highway and Transportation Officials

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"--