Progress Report (2012-2013) of the MDB Working Group on Sustainable Transport

This is the first time that the eight multilateral development banks (MDBs) are reporting collectively on their work in the transport sector.

In June 2012, eight Multilateral Development Banks (MDBs) launched a Commitment to Sustainable Transport noting that they expected to provide more than $175 billion of loans and grants for sustainable transport in developing countries over the following decade.

This first Progress Report (2012-2013) of the MDB Working Group on Sustainable Transport shows that they are on track to meeting their pledge. This is the first time that the eight MDBs are reporting collectively on their work in the transport sector.

Key messages

Among other things, key messages in report include the following:

Background

The June 2012 joint statement "Commitment to Sustainable Transport" was issued at the Rio+20 United Nations Conference on Sustainable Development by the following institutions:

The eight MDBs are committed to reporting annually on their progress toward this commitment.

 

 
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Source URL: https://www.adb.org/documents/progress-report-2012-2013-mdb-working-group-sustainable-transport