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Author: Arturo Ardila-Gomez
Publisher: World Bank Publications
ISBN: 1464807574
Category : Business & Economics
Languages : en
Pages : 111
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Book Description
Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."
Author: Arturo Ardila-Gomez
Publisher: World Bank Publications
ISBN: 1464807574
Category : Business & Economics
Languages : en
Pages : 111
Get Book Here
Book Description
Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."
Author: Elliott D. Sclar
Publisher: Routledge
ISBN: 1317404351
Category : Business & Economics
Languages : en
Pages : 403
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Book Description
By 2050, two-thirds of the world’s population will live in cities. To thrive, they will need efficient and sustainable forms of transport, but to achieve this, the financial incentives guiding urban transport operation must change – and change rapidly. Urban transport plays a critical role in determining the social, environmental and economic shape of cities. Improving Urban Access: New Approaches to Funding Transport Investment provide innovative ideas on how we might reorganize transport finance to ensure that it is suited to serving the social, environmental and economic principles that must guide future urban living. Continuing the work begun by its predecessor, Urban Access for the 21st Century, the authors assess the complexity of implementing new finance approaches and suggest ways to make positive and radical changes. Although the range of revenue raising options remain limited to users, indirect beneficiaries, and the general public, these can be recast to transform the way transport is paid for and therefore how its services are delivered. New finance models only succeed when they are intrinsically linked to the economic, social, cultural and political forces that create urban life. Together these volumes provide a starting point for the deeper research and policy design needed to successfully create urban transport finance systems that can address the challenges that 21st century cities present.
Author: Alejandro Tirachini
Publisher: Edward Elgar Publishing
ISBN: 1800375557
Category : Business & Economics
Languages : en
Pages : 497
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Book Description
Taking a comprehensive approach to two central, closely intertwined themes in the field of transport economics, this illuminating Handbook recognizes the critical socioeconomic importance of transport pricing and financing.
Author:
Publisher:
ISBN:
Category : Urban transportation
Languages : en
Pages : 256
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Book Description
Author:
Publisher:
ISBN:
Category : Local transit
Languages : en
Pages : 940
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Book Description
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292547186
Category : Transportation
Languages : en
Pages : 84
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Book Description
Most Asian cities have grown more congested, more sprawling, and less livable in recent years; and statistics suggest that this trend will continue. Rather than mitigate the problems, transport policies have often exacerbated them. In this book, the Asian Development Bank outlines a new paradigm for sustainable urban transport that gives Asian cities a workable, step-by-step blueprint for reversing the trend and moving toward safer, cleaner, more sustainable cities, and a better quality of urban life.
Author: Joseph Chow
Publisher: Elsevier
ISBN: 0128136146
Category : Social Science
Languages : en
Pages : 492
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Book Description
Informed Urban Transport Systems examines how information gathered from new technologies can be used for optimal planning and operation in urban settings. Transportation researchers, and those from related disciplines, such as artificial intelligence, energy, applied mathematics, electrical engineering and environmental science will benefit from the book's deep dive into the transportation domain, allowing for smarter technological solutions for modern transportation problems. The book helps create solutions with fewer financial, social, political and environmental costs for the populations they serve. Readers will learn from, and be able to interpret, the information and data collected from modern mobile and sensor technologies and understand how to use system optimization strategies using this information. The book concludes with an evaluation of the social and system impacts of modern transportation systems. - Takes a fresh look at transportation systems analysis and design, with an emphasis on urban systems and information/data use - Serves as a focal point for those in artificial intelligence and environmental science seeking to solve modern transportation problems - Examines current analytical innovations that focus on capturing, predicting, visualizing and controlling mobility patterns - Provides an overview of the transportation systems benefitting from modern technologies, such as public transport, freight services and shared mobility service models, such as bike sharing, peer-to-peer ride sharing and shared taxis
Author: Shishir Mathur
Publisher: Routledge
ISBN: 1317116445
Category : Business & Economics
Languages : en
Pages : 229
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Book Description
With all levels of governments currently, and for the foreseeable future, under significant fiscal stress, any new transit funding mechanism is to be welcomed. Value capture (VC) is one such mechanism, which involves the identification and capture of a public infrastructure-led increase in property value. This book reviews four major VC mechanisms: joint development projects; special assessment districts; impact fees; and tax increment financing; all of which are used to fund transit in the United States. Through the study of prominent examples of these VC mechanisms from across the US, this book evaluates their performance focusing on aspects such as equity, revenue-generating potential, stakeholder support, and the legal and policy environment. It also conducts a comparative assessment of VC mechanisms to help policy makers and practitioners to choose one, or a combination of VC mechanisms. Although the book focuses on the US, the use of the VC mechanisms and the urgent need for additional revenue to fund public transportation are world-wide concerns. Therefore, an overview of the VC mechanisms in use internationally is also provided.
Author: Hamid Yaghoubi
Publisher: BoD – Books on Demand
ISBN: 9535128736
Category : Technology & Engineering
Languages : en
Pages : 242
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Book Description
This book contains a collection of latest research developments on the urban transportation systems. It describes rail transit systems, subways, bus rapid transit (BRT) systems, taxicabs, automobiles, etc. This book also studies the technical parameters and provides a comprehensive overview of the significant characteristics for urban transportation systems, including energy management systems, wireless communication systems, operations and maintenance systems, transport serviceability, environmental problems and solutions, simulation, modelling, analysis, design, safety and risk, standards, traffic congestion, ride quality, air quality, noise and vibration, financial and economic aspects, pricing strategies, etc. This professional book as a credible source can be very applicable and useful for all professors, researchers, students, experienced technical professionals, practitioners and others interested in urban transportation systems.
Author: Maria Attard
Publisher: Emerald Group Publishing
ISBN: 1784416150
Category : Transportation
Languages : en
Pages : 298
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Book Description
This publication brings together an international group of researchers and presents work from different countries dealing with issues related to transport policy, attitudes and mode choice, car sharing and alternative modes of transport, and discusses the future of non-motorized modes of transport.
