Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector

Globally, the transport sector contributes almost one-fourth of total carbon dioxide emissions (CO2). The road transport sector is responsible for more than 77 percent of transport-related CO2 emissions globally, with light-duty road vehicles (LDVs...

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Main Author: World Bank
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/504541635937505609/Discussion-Paper
http://hdl.handle.net/10986/36518
id okr-10986-36518
recordtype oai_dc
spelling okr-10986-365182021-11-10T05:11:36Z Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector World Bank TRANSPORT DECARBONIZATION GREENHOUSE GAS EMISSIONS FUEL STANDARDS USED VEHICLE TRADE GREEN TRANSPORT VEHICLE SCRAPPAGE PROGRAM Globally, the transport sector contributes almost one-fourth of total carbon dioxide emissions (CO2). The road transport sector is responsible for more than 77 percent of transport-related CO2 emissions globally, with light-duty road vehicles (LDVs) encompassing passenger cars, SUVs, and pickup trucks accounting for as much as 40 percent. Therefore, decarbonizing road transport is one of the most critical challenges of the coming decade. The development objectives that encompass sustainable mobility go well beyond mitigation and adaptation to climate change, including expanding access to economic opportunities and enhancing road safety, strengthening community resilience, and improving air quality, among others. Due to high levels of motor vehicle ownership and use, the transport sector’s carbon footprint per capita in high-income countries (HICs) is an order of magnitude higher than in low- and middle-income countries (LMICs). Even as HICs are poised to adopt a less fossil fuel-intensive fleet in the coming years, the obsolete, less safe, and more polluting vehicles that are displaced may make their way to LMICs to meet their increasing demand for motorization. As motorization in LMICs increases, addressing the trade and quality of used vehicles and managing motorization throughout the vehicle lifecycle are critical for decarbonizing the road transport sector and achieving other sustainable development goals. If these impacts can be successfully managed, then the global trade in “good quality” used vehicles can be an important component in promoting sustainable transport and can also benefit the wider economy through industry and technological transition, job creation, and lowering vehicle operating and maintenance costs. 2021-11-09T19:30:36Z 2021-11-09T19:30:36Z 2021-06 Working Paper http://documents.worldbank.org/curated/undefined/504541635937505609/Discussion-Paper http://hdl.handle.net/10986/36518 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic TRANSPORT DECARBONIZATION
GREENHOUSE GAS EMISSIONS
FUEL STANDARDS
USED VEHICLE TRADE
GREEN TRANSPORT
VEHICLE SCRAPPAGE PROGRAM
spellingShingle TRANSPORT DECARBONIZATION
GREENHOUSE GAS EMISSIONS
FUEL STANDARDS
USED VEHICLE TRADE
GREEN TRANSPORT
VEHICLE SCRAPPAGE PROGRAM
World Bank
Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector
description Globally, the transport sector contributes almost one-fourth of total carbon dioxide emissions (CO2). The road transport sector is responsible for more than 77 percent of transport-related CO2 emissions globally, with light-duty road vehicles (LDVs) encompassing passenger cars, SUVs, and pickup trucks accounting for as much as 40 percent. Therefore, decarbonizing road transport is one of the most critical challenges of the coming decade. The development objectives that encompass sustainable mobility go well beyond mitigation and adaptation to climate change, including expanding access to economic opportunities and enhancing road safety, strengthening community resilience, and improving air quality, among others. Due to high levels of motor vehicle ownership and use, the transport sector’s carbon footprint per capita in high-income countries (HICs) is an order of magnitude higher than in low- and middle-income countries (LMICs). Even as HICs are poised to adopt a less fossil fuel-intensive fleet in the coming years, the obsolete, less safe, and more polluting vehicles that are displaced may make their way to LMICs to meet their increasing demand for motorization. As motorization in LMICs increases, addressing the trade and quality of used vehicles and managing motorization throughout the vehicle lifecycle are critical for decarbonizing the road transport sector and achieving other sustainable development goals. If these impacts can be successfully managed, then the global trade in “good quality” used vehicles can be an important component in promoting sustainable transport and can also benefit the wider economy through industry and technological transition, job creation, and lowering vehicle operating and maintenance costs.
format Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector
title_short Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector
title_full Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector
title_fullStr Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector
title_full_unstemmed Motorization Management and the Trade of Used Vehicles : How Collective Action and Investment Can Help Decarbonize the Global Transport Sector
title_sort motorization management and the trade of used vehicles : how collective action and investment can help decarbonize the global transport sector
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/504541635937505609/Discussion-Paper
http://hdl.handle.net/10986/36518
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