"Nine (9) countries have adopted some form of fuel economy standards with other countries with complementary policies (e.g., feebates, labeling). Three-quarters (75%) of the world’s fleet is currently under some form of fuel economy standards The longest lead time for any standards is now set at 2025 Europe and Japan are home to world’s most efficient fleets, but the gap is narrowing The pace of vehicle efficiency technology development is accelerating (e.g., 6 speed transmissions, downsized turbocharged engines, better tires, hybrids). Consumer acceptance is widespread given the relatively short payback period from 2 to 5 years. Thus we find that to meet the GFEI goal of doubling new passenger vehicle fuel economy by 2030, we will need all countries to adopt some form of fuel economy standards." Global Trends in Passenger Vehicle Fuel Economy Standards Drew Kodjak, Executive Director The ICCT http://www.theicct.org/ http://www.fiafoundation.org/ Presented at the Global Fuel Economy Initiative ‘Accelerator Symposium’ on September 5th, ahead of the September 2014 UN Climate Summit. The Symposium hosted by the French Government at the Ministry of Ecology Sustainable Development and Energy on 5th September, provided a forum for countries, experts, NGOs and the private sector to advance the agenda on fuel economy globally and prepare for the UN Secretary General Ban Ki-moon’s Climate Summit. Government representatives from a wide range of countries working on fuel economy policies participated in the Symposium. Countries presenting at the Symposium included China, Georgia Kenya and Mauritius. There were more than 70 delegates attending the symposium from around the world with countries represented including Chile, Costa Rica, Hungary, Ivory Coast, Kosovo, Peru, Sri Lanka, St. Vincent and the Grenadines, the UAE, Uganda and Vietnam. Organisations included Transport & Environment, the FIA, ExxonMobil, Michelin, Renault, CEDARE, the OECD and the World Bank. Read more: http://www.globalfueleconomy.org/updates/2014/Pages/GFEIAcceleratorbuildsmomentumforUNClimateSummit.aspx