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Transforming Transportation 2013: Day 1

Attendees on a coffee break. More than 400 people attended Day One of Transforming Transportation 2013

We began day one of the Transforming Transportation conference with discussions on how to best use the $175 billion committed to sustainable transport by multilateral development banks at Rio+20. Discussions focused around the definition of sustainable transportation itself, and then shifted to the processes for establishing accountability and transparency, two key factors in building demand for sustainable transport finance.

It was quickly acknowledged that in a world where annual investment in transport infrastructure is $1 trillion per year, the $175 billion over 10 years need to be leveraged. Leveraging will be crucial to answering the challenges of population and urban growth.
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