February 22, 2022
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Green financing for transport unlocks affordable capital and collaborative mechanisms to accelerate electrification and shared mobility.
Green financing is identified as central to accelerating transport decarbonization by unlocking affordable capital for electrification and sustainable mobility, with emphasis on financing instruments that reduce costs for electric vehicles and public transport assets. The document advocates multi-stakeholder collaboration among states, financial institutions, manufacturers and operators to design widely applicable, sustainable financing mechanisms, enable peer learning, and prioritise strategic investments to overcome the financing gap hindering the transition to zero-emission vehicles and integrated low-carbon mobility.