InfoAnda - ADB calls for low-carbon transport systems

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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: ADB calls for low-carbon transport systems AFP - Saturday, May 30 MANILA (AFP) - - The Asian Development Bank Saturday called on its Asian government borrowers to design mass transport systems in a way that would slow the rapid growth of their greenhouse gas emissions. ADVERTISEMENT While developed countries still account for the largest share, transport sector emissions from developing countries, particularly in Asia, were growing rapidly, the Manila-based lender said in a statement. Transport-related carbon dioxide emissions are expected to rise 57 percent over the 25 years to 2030, the ADB said. Those from developing countries were expected to contribute about 80 percent of this increase as car and truck ownership becomes more widespread. The bank's borrowers include China and India, which together account for nearly half the world's population. Governments must reduce the need for travel through better integration of land use and transport and more effective use of carbon-finance mechanisms to fund environment-friendly transport policies, it said. They should also convince their peoples to recognise the benefits of low-carbon transport in reducing air pollution, noise, congestion and road accidents, it added. The bank earlier sponsored a May 12-16 meeting in Bellagio, Italy, to help build consensus on transport sector policies ahead of the United Nations climate change meetings in Copenhagen in December. "The Bellagio meeting will greatly help ADB to develop its Sustainable Transport Initiative, which aims to help Asian countries change their transport investment patterns and secure a low-carbon, sustainable transport future," said Um Woo Chong, director of the bank's energy, transport and water division. cgm/bsk Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Business Reliance Power in talks with Australian miners-paperReuters - Friday, May 29 India's Suzlon agrees on final payment for REpowerReuters - Friday, May 29 NZ dollar sits at highs after budget; bonds gainReuters - Friday, May 29 Vietnam cbank to accept dollar bonds as collateralReuters - Friday, May 29 Indian bond yields cautious before borrowing reviewReuters - Saturday, May 30 Enlarge Photo ADB calls for low-carbon transport systems Most Popular – Business Viewed Vitamin D boosts brain power in middle-aged men Ancient eruption 'killed off world's sea life' Talent judge defends singing sensation Boyle Music icon Spector gets 19 years for murder 'Old woman' wows China's Pop Idol clone: report View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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