Organised by
The International Road Transport Union (IRU)
The Global Partnership for Sustainable Transport (GPST)
Summary
In a globalised economy, transport and mobility are essential preconditions for sustainable development, strengthened supply chains and access to global markets. Unfortunately, many developing countries, emerging markets, least developed countries and landlocked countries still face major obstacles in accessing global markets due to poor transport infrastructure, the lack of harmonisation of border rules and procedures, geographical remoteness, and long distances to border crossings.
The international community places high priority on financing transport infrastructure through innovative financing solutions. In response to this, the IRU proposes a unique model for transport infrastructure financing that responds to the global mandates on transport as outlined in the Vienna Programme of Action of 2014 and the General Assembly Resolution 69/214 on “The role of transport and transit corridors ensuring international cooperation for sustainable development”. This model comprises the joint construction of an exemplary road section across several territories, by governments, international financial institutions, international organisations and the business community and the design of a regional infrastructure funding mechanism created through public-private partnerships. These are supported by the existing UN trade facilitation agreements and mechanisms. This unique model promotes the emergence veritable development corridors that incite value addition, job creation, and revenue generation for countries.
Related Information
Contact
For inquiries regarding this side event, please contact
- Marie-Hélène Vanderpool, marie-helene.vanderpool@iru.org, +1-212-600-2107
- Milana Parshina, milana.parshina@iru.org, +1-212-600-2107