Whitepaper: Bridging the rail finance gap - challenges and opportunities for low- and lower middle-income countries
Increasing the amount of rail infrastructure with a strong focus on low-income countries and lower middle-income countries can help avoid substantial carbon emissions through decoupling economic development from transport emissions growth, which will also benefit the entire global community. Investing in sufficient infrastructure to quadruple rail modal share to 8% could allow the avoidance of 1.8 Gt of CO2 by 2050.
In the collaborative spirit that brings about transformation, the International Union of Railways (UIC) and Alstom are proud to work together with the University of Birmingham and Roland Berger, on this important new report in the lead up to COP28. As we navigate the complex challenges of the 21st century, it is our shared conviction that unlocking investment in rail infrastructure in low-and lower middle-income countries is vital to avoiding strong transport emission growth, while bringing connectivity and economic benefits that will allow economies to flourish.
"This study lays out a concrete roadmap for transforming transportation through sustainable rail infrastructure. It clearly demonstrates how targeted investments and strategic planning in rail systems in low-income and lower middle-income countries can lead to substantial CO2 reductions and support sustainable development. This is about making tangible progress in our global environmental goals while shaping the future of mobility.”
Cécile Texier
Vice President CSR and Sustainability, Alstom
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