Guide to Integrating Transport into Nationally Determined Contributions (NDCs)

Investment Rating - The report emphasizes the importance of integrating transport into Nationally Determined Contributions (NDCs) to enhance overall climate action and investment opportunities [9][10]. Core Insights - The transport sector accounts for 23% of energy-related CO2 emissions, necessitating rapid decarbonization to meet Paris Agreement commitments [9]. - While 98% of NDCs mention transport, only 33% include specific emissions reduction targets for the sector, indicating a significant gap in actionable commitments [10]. - The guidance document serves as a tool for governments to develop robust NDCs that include comprehensive transport strategies, aligning with broader climate goals [16]. Summary by Sections Introduction - The report outlines the critical role of the transport sector in achieving global climate targets and the need for governments to adopt deep decarbonization strategies [9]. Transport in NDCs - 98% of NDCs mention transport, but only 33% set CO₂ reduction targets, highlighting inconsistencies in implementation [10]. - The report calls for a comprehensive approach to include transport in NDCs to enhance ambition and mobilize finance [14]. Goals and Measures - Governments are encouraged to set GHG emissions reduction targets for transport that align with economy-wide targets [23]. - A vision for a decarbonized transport system should be articulated, linking transport policies to sustainable development goals [29]. - Specific goals should be established to avoid unnecessary travel, shift to sustainable modes, and improve vehicle technologies [31]. Governance and Monitoring - A governance framework is essential for tracking progress against targets and ensuring alignment between local and national policies [49]. - Monitoring and evaluation mechanisms should be established to assess the effectiveness of NDC interventions [49]. Investments - The report stresses the need to quantify investment requirements for implementing NDCs and to prepare financing strategies that attract private investment [51]. - Governments should explore diverse funding sources, including green bonds and public-private partnerships, to support transport decarbonization [53]. Library of Goals and Policy Measures - The report provides a library of example goals and policies for decarbonizing transport, serving as a guide for governments in their NDC development [55].