Urban transport serves as the lifeline of modern cities, connecting residents to vital services, opportunities, and amenities. Recognizing its significance, the World Bank has been instrumental in supporting countries worldwide through investments in mass transit projects and public transport enhancements. Since 2012, the completion of 12 metro and bus rapid transit (BRT) projects has positively impacted over 20 million individuals. These initiatives have yielded a multitude of benefits, ranging from reduced congestion and shorter travel times to improved accessibility and social inclusion, along with notable reductions in greenhouse gas emissions and local air pollution.
Developing countries grapple with formidable challenges in financing, constructing, and managing urban transport systems. These hurdles impede progress towards achieving multiple sustainable development goals (SDGs), hindering access to education, employment, and healthcare. Rising congestion and emissions, coupled with inadequate public transport infrastructure, exacerbate the difficulties faced by urban residents, particularly those from low-income backgrounds.
The World Bank adopts a holistic approach to address the complexities of urban mobility, encompassing investments in transport infrastructure, policy support, and institutional development. Projects are meticulously designed to accommodate demographic, spatial, and economic changes, tailored to suit the unique context of each city or country. By prioritizing high-quality public transport systems like metros and BRTs, as well as implementing people-centric traffic management strategies, the Bank aims to enhance accessibility and promote social inclusion. Furthermore, emphasis is placed on integrating new technologies such as electric mobility and electronic payment systems to improve efficiency and sustainability.
Over the past decade, the World Bank has spearheaded 28 urban transport projects across 18 countries, benefiting millions of individuals. Notable achievements include significant reductions in travel times and costs, improved accessibility to jobs and services, and enhanced social inclusion. By investing in mass transit infrastructure, the Bank has facilitated safer, more efficient modes of transportation, leading to tangible improvements in urban living standards.
A typical mass transit project can benefit hundreds of thousands of daily users, as well as people living in the surroundings of the improved areas.
World Bank-supported projects have also led to improvements in accessibility and inclusion.
World Bank-funded projects are helping to reduce GHG and other emissions. Each completed mass transit project since 2012 has resulted in an average annual reduction of over 50,000 metric tons of carbon dioxide equivalent (tCO2eq). Urban transport projects also decrease vehicle emissions of air pollutants.
The World Bank's commitment to urban transport is underscored by its substantial financial contributions, totaling $5.7 billion over the past decade. Through a combination of International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD) financing, the Bank has played a pivotal role in supporting urban mobility initiatives worldwide. Additionally, technical support and knowledge sharing initiatives further enhance the impact and sustainability of these projects.
Collaboration with a diverse array of partners, including regional development banks, bilateral institutions, and national development banks, has been instrumental in co-financing and implementing urban transport projects. By pooling resources and expertise, these partnerships amplify the impact of investments, fostering innovation and knowledge exchange in the realm of urban mobility.
As urbanization continues to accelerate globally, the demand for sustainable mobility solutions grows ever more urgent. The World Bank remains committed to supporting urban transport programs, leveraging lessons learned from previous projects to inform future initiatives. Through capacity-building activities and knowledge exchange networks, the Bank aims to empower client countries in their efforts to create resilient, accessible, and environmentally friendly cities.
In conclusion, the World Bank's steadfast commitment to urban transport underscores its pivotal role in shaping the future of urban mobility. By investing in sustainable transport solutions and fostering collaboration with partners worldwide, the Bank is instrumental in creating livable cities where residents can thrive.