As the pandemic has changed the way we get around and purchase goods, the world is considering how to make transport more efficient and sustainable. We’ve seen increasing efforts to expand electric mobility, as governments formulate policies to stimulate adoption of electric vehicles, companies roll out new models, from cars to bikes, and consumers start to see more affordable options.
While much of the recent buzz around e-mobility has focused on private vehicles in wealthier countries, meeting global decarbonization goals and ensuring an equitable transition means addressing varied modes of transportation around the world. So how are countries across Asia, Africa and Latin America electrifying transport in the local context?
At Partnering for Green Growth and the Global Goals 2030 (P4G), within our Energy Transition theme, we provide catalytic funding and acceleration to address the supply and demand side of the transition, including through e-mobility work focused on the resources needed to electrify, such as batteries, charging and financing. In P4G’s partner countries, expanding electric transportation is key to meeting national emissions reduction targets, creating economic growth and improving residents’ health. These emerging solutions will help small and medium business operators and individuals increase access to e-mobility and improve livelihoods.