Tue. Jul 16th, 2024

Luxembourg, 11 September 2023

Transport is an essential component of our daily lives. It forms the backbone of the modern economy, facilitating personal mobility and allowing goods, capital and services to be exchanged between countries.

Good public transport brings people closer together and plays an important role in society — especially when it comes to promoting social and gender equality. Every day, it is used by students and workers as an affordable, easy means of reaching their destinations. Women are the main users of public transport in many cities around the world, and efficient transport networks allow them to make the most of economic opportunities while juggling family commitments.

Mobility is also one of the pillars of the Cohesion Orientation 2021-2027, the plan of the European Investment Bank (EIB) to expand and modernise its investments in regions covered by EU cohesion policy. At the same time, transport is one of the economic sectors with the highest greenhouse gas emissions and is the main cause of air pollution in cities. It accounts for around 28% of total emissions in the European Union and 37% worldwide.

With the European Green Deal and its goal of carbon neutrality by 2050, EU governments and businesses are working hard to find and deliver innovative solutions to make mobility greener and more sustainable.

This publication gives an overview of the European Investment Bank’s support for sustainable transport. It details the Bank’s activities in the sector and highlights key projects. The stories, videos and case studies, illustrate how the Bank’s financing and advice help countries, regions and cities.

For more information

Sustainable transport overview 2023

Source – EIB


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