Dario Hidalgo: Financing urban transport policies and programs
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Dario Hidalgo: Financing urban transport policies and programs

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Dario Hidalgo, EMBARQ’s Director of Research and Practice, presented a webinar on financing urban transport policies and programs. The webinar took place on December 10, 2013, and was part of a ...

Dario Hidalgo, EMBARQ’s Director of Research and Practice, presented a webinar on financing urban transport policies and programs. The webinar took place on December 10, 2013, and was part of a webinar series hosted by EMBARQ, the Clean Energy Solutions Center, and the Low Emission Development Global Partnership (LEDS GP) focused on planning and financing sustainable, low-carbon urban transportation.

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Dario Hidalgo: Financing urban transport policies and programs Dario Hidalgo: Financing urban transport policies and programs Presentation Transcript

  • Financing Urban Transport Policies and Programs Darío Hidalgo, PhD Director Research and Practice EMBARQ
  • We Insist in a Paradigm Shift Moving Cars Moving People
  • Global Report on Human Settlements 2013 http://www.unhabitat. org/content.asp?type id=19&catid=555&cid =12336
  • We think we have it clear how Avoid Shift Improve Quantity and length of motorized trips To the most efficient modes Technology and operations
  • But not enough change is happening
  • Why? Dispersed single land use Provision of Road Capacity [Predicton of Vehicular Flows] Increased urban area Inncreased Motorization
  • Wrong solution! Eating Expanding the Size of The Pants Lack of Exercise Obesity Lewis Mumford, October 19, 1895 – January 26, 1990
  • “Lock-in” effect Government Industry People http://www.flickr.com/photos/nayukim/5704132134/
  • Keys to “Unlock” Re-allocating Finance Building Capacity Capturing the trends http://thecityfix.com/blog/on-the-movepushing-sustainable-transport-concepttipping-point-dario-hidalgo-heshuangzeng/
  • Re-allocating finance Source: Sakamoto et al. (2010)
  • Public finance in the transport sector Source: Sakamoto et al. (2010)
  • National Governments are Central International Organizations Projects Transport Policy Transport Finance National Governments City and Local Projects
  • National Programs Financing Sustainable Urban Transport – International Review of National Urban Transport Policies and Programmes http://sustainabletransport.org/f inancing-sustainable-urbantransport-international-reviewof-national-urban-transportpolicies-and-programmes/
  • National Programs Evaluate, Enable, Engage: Principles to Support Effective Decision Making in Mass Transit Investment Programs http://www.embarq.org/en/e valuate-enable-engageprinciples-support-effectivedecision-making-masstransit-investment-programs
  • Some Examples: Brazil National Urban Policy Comprehensive Mobility Plan (1,600 cities 20,000+) Growth Acceleration Program (PAC) USD 9.5 billion for BRT, LRT, Metro Infrastructure – co-funding from state and local levels Additional loans for vehicles and rolling stock BNDES
  • Some examples: Colombia National mass transit policy Up to 70% support for infrastructure USD 2.5 billion for BRT in seven cities Integrated public transport in intermediate cities Technical assistance Encourages private participation Metro in Bogotá (expected)
  • Some examples: México Mass transit program (PROTRAM) USD 2.4 billion 50% of project capital cost for Rail and BRT 5 Cities in operation/final construction; 34 cities identified Requires private participation
  • Some Examples: India National Renewal Mission JnNURM USD 20 billion Requires comprehensive mobility plan and co-funding from the state and local levels Resulted in implementation of Metro in 6 cities and BRT in 7 cities Encourgaes private participation Bhopal BRTS Mybus http://sustainablecitiescollective.com/sites/sustainablecitiesco llective.com/files/Picture3.jpg
  • Some examples: China “Transit City” project 30 cities Requires co-finance of provincial governments In 2012 Beijing Metro reached 16-lines 442km 1,050km expected by 2020 Other 16 Chinese cities expanding Metro; 18 cities with Metro and LRT systems under construction; 22 cities with construction planned. 15 cities with BRT; 11 under construction or planning
  • Continued Funding - National International Fuel Prices Series http://www.giz.de/expertise/html/4317.html
  • Continued Funding - Local Land Development User and Property Taxes • Property taxes • Value capture • Transit Oriented Development • Registration/licence (property) • Taxes to inputs (fuels) • Parking managment • Urban tolls
  • Land Development (along public transport) http://www.tramz.com/co/bg/t/ts.html
  • Desarrollo InmobiliarioKong Hong HK$4 billion (US$506 million) in property sales on top of stations 32% of the income of the Mass Transit Agency in 2010 (http://www.bloomberg.com/news/2011-03-03/mtr-sfull-year-underlying-profit-advanced-19-on-home-sales-fare-revenue.html) Photo: Courtesy of Oren Tatcher
  • Singapore
  • Ørestad City, Copenhague http://www10.aeccafe.com/blogs/arch-showcase/files/2011/12/Wing-House_1.jpg
  • Bogotá Central Station Urban Renewal Project (under construction) Source: Empresa de Renovación Urbana, Bogotá
  • Vehicle Registration Fees (Quotas) Singapur Shanghái Guanzhou, China Beijing (lotería) http://www.bloomberg.com/news/2012-06-04/singapore-family-sedanmatches-cost-of-a-u-s-home.html
  • Vehicle Registration Fees (Quotas) Singapore (1990) Auction: USD 67,000 per vehicle Quota 1% increase in fleet per year ~ 6,000 new cars, ~US 400+ million per year (for SUT) Shanghai (1994) Auction: USD 9,000 por auto ~ 96,000 new vehicles per year ~US 900+ million per year (for SUT) Gunagzhou (2012) 120,000 new vehicles per year (12,000 clean vehciles lottery, 60,000 rest lottery, 48,000 auciton)
  • Adminsitración de Estacionamiento Parking Management http://www.baycitizen.org/transportation/story/clog-streets-pay-premium/
  • Parking income in San Francisco US $187 million per year (for SUT) US $87,263,867 Parking violation fines US $47,119,999 Parking-meters US $43,354,632 Garages US $9,747,900 Residential permits 29,058 spaces with parking meters 79,000 residential permits 263 enforcement officilas Fuente: Autoridad Metropolitana de Transporte de San Francisco SFMTA, 2011
  • Congestion Pricing London, Sweden, Valetta, Singapore http://www.thetruthaboutcars.com/wp-content/uploads/2009/08/london-congestion-charging-zone-525x350.jpg
  • Climate/Environmental Funds for Transport http://www.transport2020.org/p ublicationitem/7/accessingclimate-finance-for-sustainabletransport-updated
  • The idea is to leverage funding Govmt + Private ODA NGOs Millions Climate Hundreds of Millions Billions Trillions
  • The challange 23% reduction in VKT in 2050 Road Travel (Billion Veh-Km) 50,000 42,971 45,000 40,000 33,194 35,000 30,000 25,000 20,000 15,000 10,000 5,000 22,8% reduction in vehicle-km USD 20 Trillion Savings 0 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 4 Degree Scenario 2 Degree Scenario Source: IEA (2012) Energy Technology Perspectives
  • The impact: 1,3 million people not killed in traffic Worldwide annual traffic fatalities 6,000,000 5,098,418 5,000,000 3,783,009 4,000,000 3,000,000 2,000,000 1.315.409 lives/year saved due to the reduction in VKT 1,000,000 0 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 2 Degree Scenario 4 Degree Scenario Source: EMBARQ Analysis, Duduta and Hidalgo (2013)
  • Thank You! ¡Muchas Gracias! धन्यवाद