Currency rates from 25/11/2024
$1 – 12829.07
UZS – -0.12%
€1 – 13344.80
UZS – -1.21%
₽1 – 124.91
UZS – -1.92%
Search
Finance 01/06/2009 ADB signs declaration calling on transport sector to curb emissions
ADB headquarters
Tashkent, Uzbekistan (UzDaily.com) -- Without immediate action, the transport sectors of developing countries will account for the overwhelming share of increased carbon dioxide emissions by 2030, according to a new declaration signed by the Asian Development Bank (ADB).

While developed countries are still responsible for the largest share of greenhouse gas (GHG) emissions from the transport sector, emissions from developing countries - particularly in Asia - are growing rapidly. Transport-related carbon dioxide emissions are expected to increase 57% from 2005 to 2030, with transport sectors in developing countries expected to contribute about 80% of this increase.

Most GHG emissions in the transport sector and virtually all the expected growth in emissions come from private cars and trucks.

The Bellagio Declaration on Transportation and Climate Change outlines how the transport sectors in developing countries can reduce future GHG emissions. The declaration is the result of a three-day conference in Bellagio, Italy, attended by climate change and transportation experts. The declaration calls on governments and the transport industry to embrace a range of key principles.

These include reducing the need for travel through better integration of land use and transport; more effective use of carbon finance mechanisms to fund sustainable transport policies; and recognition of the benefits of low-carbon transport in reducing the local air pollution, noise, congestion and road accidents that define many urban areas.

“The Bellagio Meeting will greatly help ADB to develop its Sustainable Transport Initiative, which aims to help Asian countries change their transport investment patterns and secure a low-carbon, sustainable transport future,” said WooChong Um, Director of ADB’s Energy, Transport and Water Division.

The 12-16 May Bellagio meeting, organized by ADB and the Clean Air Institute, and supported by the Rockefeller Foundation, also helped build consensus on how transport sector policies must be reflected in the upcoming United Nations Climate Change discussions in Copenhagen in December.

Stay up to date with the latest news
Subscribe to our telegram channel