September 19, 2014
A new report, released in advance of United Nations Secretary-General’s Climate Summit on 23 September, claims that more than US$100 trillion in cumulative public and private spending could be saved and 1,700 megatons of annual carbon dioxide (CO2) - a 40 percent reduction of urban passenger transport emissions - could be eliminated by 2050 if the world expands public transportation, walking and cycling in cities.
The report, A Global High Shift Scenario, from the Institute for Transportation Development