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greenhouse gas

How to address the climate change challenge in transport projects?

Charles E. Schlumberger's picture

One example discussed in a recent event held at World Bank offices in Washington DC concerned an innovative technology solution in the aviation sector, which could reduce global CO2 emissions by 14 million tons!

Now that you’ve built it, why won’t they come?

Holly Krambeck's picture

If the proven, certified technology is cheap, makes companies more profitable, and at the same time, more green, then why doesn’t every company use it?

 

This is the mystery that our team now faces in Guangdong Province, China, where we are leveraging a multi-million dollar grant from the Global Environment Facility to support the retrofitting of freight trucks with Smartway (and similarly) verified Green Freight technologies*. These technologies improve the fuel efficiency of trucks, and their costs are recovered through fuel savings – in some cases, in as little as six months.   So, the pervasive question – if they are so cost-effective and improve the competitiveness of businesses, why aren’t these technologies used…everywhere?

 

It is an interesting question, because its answer points us to the broader issue of  market barriers in developing countries. How do we identify these barriers, and what is that "spark" that sets market forces in motion? 

 

The Average Age of a Taxi in Egypt is 32 Years Old

Holly Krambeck's picture

The Egyptian mass transport fleet is aging – the average age of a taxi in Egypt is 32 years old, more than 64,000 microbuses are greater than 20 years old, and nearly 70% of all registered vehicles in the country are greater than 15 years old. The aging fleet is prone to frequent break-downs and, because older vehicles are typically unequipped with modern catalytic converters, low quality emissions.