All Transport
Adapting Transport Policy to Climate Change
Research Report, Policy Insights,
30 November 2015
- Uncertainty is different from risk.
- Climate effects are subject to uncertainty.
- There are techniques to deal with risk.
- There is currently no robust method to treat Knightian uncertainty.
- Risk, uncertainty and discount rate all affect carbon value.
Integrated Transport Development in China’s Emerging Urban Agglomerations
Discussion Paper,
2 July 2015
International Experiences on Public Transport Provision in Rural Areas
Case-Specific Policy Analysis, Policy Insights,
29 June 2015
- We are currently seeing a major change in the perception of ‘public transport’.
- Demand-responsive transport is seen as one of the key options to meet public transport challenges in rural areas.
- Significant scope still exists for ‘conventional’ public transport.
- Better coordination between different types of services is required.
- Relaxing quantitative taxi regulation can enable new innovative solutions.
Urban Planning and Transport Infrastructure Provision in the Randstad, Netherlands
Discussion Paper,
31 May 2015
Logistics Strategy and Performance Measurement: Mexico’s National Observatory for Transport and Logistics
Case-Specific Policy Analysis,
30 April 2015
Drivers of Logistics Performance: A Case Study of Turkey
Corporate Partnership Board Report, Policy Insights,
30 April 2015
- Policy actions creating the highest improvement in the logistics performance vary for different income levels.
- Reducing the variability of customs clearance time is an important element for improving the efficiency of border crossing procedures.
- Capacity management plays a vital role in infrastructure efficiency.
- Intermodal transport systems, including good access to roads, terminals and seaport channels, are fundamental for a high-quality transport infrastructure.
- A successful logistics industry is essential in providing high quality logistics services.
- Resilience-improving policies and investments are necessary.
Big Data and Transport
Corporate Partnership Board Report, Policy Insights,
30 April 2015
- Road safety improvements can be accelerated through the specification and harmonisation of a limited set of safety-related vehicle data elements.
- Transport authorities will need to audit the data they use in order to understand what it says (and what it does not say) and how it can best be used.
- More effective protection of location data will have to be designed upfront into technologies, algorithms and processes.
- New models of public-private partnership involving data-sharing may be necessary to leverage all the benefits of Big Data.
- Data visualisation will play an increasingly important role in policy dialogue.
Urban Mobility System Upgrade
Corporate Partnership Board Report, Policy Insights,
31 March 2015
- Self-driving vehicles could change public transport as we currently know it.
- The potential impact of self-driving shared fleets on urban mobility is significant. It will be shaped by policy choices and deployment options.
- Active management is needed to lock in the benefits of freed space.
- Improvements in road safety are almost certain. Environmental benefits will depend on vehicle technology.
- New vehicle types and business models will be required.
- Public transport, taxi operations and urban transport governance will have to adapt.
- Mixing fleets of shared self-driving vehicles and privately-owned cars will not deliver the same benefits as a full TaxiBot/AutoVot fleet - but it still remains attractive.
Public Transport Provision in Rural and Sparsely Populated Areas in Norway
Discussion Paper,
1 March 2015
Report on Public Transport Provision in Rural and Depopulated Areas in the United Kingdom
Discussion Paper,
1 March 2015
The Regulatory Asset Base Model and the Project Finance Model: A Comparative Analysis
Discussion Paper,
1 February 2015
Public Private Partnerships for Transport Infrastructure: Renegotiations, How to Approach Them and Economic Outcomes. Roundtable Summary and Conclusions.
Discussion Paper,
1 February 2015
Ex-post Assessment of Transport Investments and Policy Interventions
Discussion Paper,
1 January 2015
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Roundtable Report, Policy Insights,
24 September 2013
- A mix of financing models spreads risks.
- A dedicated budget for PPPs, set in relation to the rate at which future liabilities will be accumulated, can provide such a limit.
- Explicit consideration of alternative financing arrangements should be employed in determining whether to proceed with PPP projects.
- It is recommended that governments require PPP projects to pass tests of affordability and to clear the hurdle rates of return generally applied to publicly financed transport projects.
- The expected cost of PPP projects should take account of cost inflation resulting from the propensity for projects to be renegotiated.
- At the individual project level, risks should be assigned to the party best able to manage them, along with rights to make related decisions.
- Assigning demand risk is not straightforward and risk sharing arrangements are therefore common.
- Continuity of resources and expertise is essential for addressing strategic behaviour and optimism bias more generally.
- Regulatory agencies are well placed to ensure transparency and accountability by publishing reports on the criteria employed to make decisions and publishing contracts.
The Potential of Private Institutional Investors for Financing Transport Infrastructure
Discussion Paper,
30 April 2013