Investment, Pricing, Taxation
Decarbonisation and the Pricing of Road Transport
Roundtable Report, Policy Insights,
20 June 2023
- Reform fuel taxes
- Supplement fuel taxes with distance-based charges
- Consider opt-in arrangements for the introduction of new distance-based charges
- Introduce congestion charges where required
- Consider earmarking congestion charging revenues for improving public transport and active mobility
- Set the level of road-user charges to meet sustainable transport objectives
- Make introducing differentiated distance-based charges a policy priority
- Reform incentives for the uptake of electric vehicles to better align with policy goals
Carbon Pricing in Shipping
Case-Specific Policy Analysis, Policy Insights,
14 December 2022
- Introduce carbon pricing in shipping as part of a broader set of decarbonisation measures.
- Consider designing a carbon pricing mechanism for maritime shipping as a "feebate" system.
- Complement carbon pricing with a technical design requirement and a low-emission fuel standard.
- Use carbon pricing revenues from maritime shipping to facilitate an equitable transition to zero emissions.
- Make sure that these pricing schemes and standards cover well-to-wake emissions.
Broadening appraisal: Capturing the full impacts of transport investments
Policy Brief,
22 September 2022
Broadening Transport Appraisal
Roundtable Report, Policy Insights,
31 August 2022
Develop long-term strategic infrastructure plans that explicitly identify transport policy objectives.
Broaden project appraisal to ensure its processes and practices take account of all transport policy objectives, as embedded in strategic infrastructure plans.
Incorporate accessibility indicators, or other relevant tools, to assess equity impacts in transport project appraisals.
Provide detailed guidance on accounting for climate change impacts in transport project appraisals, incorporating clear linkages between shadow carbon prices and emissions reductions commitments.
Present the results of transport project appraisals in a transparent and concise format that highlights needs-case assessments.
Ensure decision-making processes for large investments in transport systems account for uncertainties and the need for broad stakeholder support.
Integrate technical assessment, process management and public engagement into decision processes for major transport infrastructure investments.
Undertake systematic ex-post evaluation for all transport infrastructure projects entailing expenditure above an identified level.
Consider the merits of the permanent observatory model as a means of maximising the quality of evaluations.
Reforming Public Transport Planning and Delivery
Research Report, Policy Insights,
24 February 2020
- Let government plan transport services, but at a decentralised level.
- Consider corporatising publicly operated transport services.
- Pay close attention to system design where competition in public transport provision is introduced.
- Pay attention to service quality as well as costs to achieve a sustainable public transport system.
- Take the broader urban context into account in designing and adopting public transport reforms.
Main Trends in Car Use, Travel Demand and Policy Thinking on how to deal with Uncertainties
Presentation, slides, speech,
16 December 2019
Maritime Subsidies: Do They Provide Value for Money?
Case-Specific Policy Analysis, Policy Insights,
16 September 2019
- Re-orient and harmonise maritime subsidy policies.
- Clarify objectives of maritime subsidies.
- Make maritime subsidies more conditional on positive impacts.
- Design maritime subsidies in ways that avoid market distortions.
- Improve transparency around maritime subsidies.
Quantifying Private and Foreign Investment in Transport Infrastructure
Discussion Paper, Policy Insights,
15 March 2019
- Improve the collection and dissemination of disaggregated data on the level and characteristics of private investments in transport infrastructure.
What is Private Investment in Transport Infrastructure and Why is it Difficult?
Discussion Paper, Policy Insights,
28 January 2019
- Distinguish between infrastructure and the operations that take place on it.
- To pursue private investment in infrastructure, choose between competition for the contract or the regulated model.
- Differentiate between attracting private investors in existing assets (privatisation) and in new infrastructure PPPs.
Regulatory Capacity Building
Case-Specific Policy Analysis, Policy Insights,
8 November 2018
- Favour the use of confidential contracts.
- Consider the use of arbitration.
- Reinforce legal capacity.
- Develop financial accounting and reporting requirements.
- Consider adapting the standard North American financial reporting form for Mexico.
- Develop a standard waybill.
- Develop a waybill sample data collection and analysis system.
- Determine the structure of the waybill sample.
- Choose a contractor to process waybills.
- Establish a network modelling process to generate traffic flow analyses.
The Impact of Alliances in Container Shipping
Case-Specific Policy Analysis, Policy Insights,
2 November 2018
- Adopt a presumption toward repeal of shipping-specific block exemptions from competition law.
- Improve project appraisal for port and hinterland infrastructure and adopt common principles for port pricing.
- Establish more coherent ports policies to clarify roles and reduce risk of creating over-capacity.
The Social Impacts of Road Pricing
Roundtable Report, Policy Insights,
10 October 2018
- Make demand management and congestion reduction the primary objective of road pricing.
- Differentiate road pricing by location and time.
- Combine road pricing and public transport planning to improve efficiency.
- Examine the combined effects of scheme design and mitigation to understand distributional impacts.
- Consider the use of discounts and exemptions carefully.
- Develop road pricing as part of an intervention package to achieve better utilisation of urban space.
- Reconcile economic, practical and political aspects in the design of road pricing schemes.
- Differentiate charges and consider adopting a rules-based pricing approach.
Private Investment in Infrastructure: Dealing with uncertainty in contracts
Working Group,
21 June 2018
Reducing the cost of major infrastructure procurement in publicly and privately financed projects
Presentation, slides, speech,
21 June 2018
The Procurement Design Assessment System: The roadmap towards it
Presentation, slides, speech,
21 June 2018
Private Investment in Infrastructure: Dealing with uncertainty in contracts
Presentation, slides, speech,
21 June 2018
Competition in Large Projects: PPPs vs Traditional Procurement
Presentation, slides, speech,
21 June 2018
Addressing risk and uncertainty in long-term PPP contracts
Presentation, slides, speech,
21 June 2018
Private Investment in Transport Infrastructure: Dealing with Uncertainty in Contracts
Research Report, Policy Insights,
21 June 2018
- Pursue private investment in infrastructure on the merits of improved efficiency.
- Invest more into upfront preparation of projects to reduce inefficient risk pricing by suppliers.
- Undertake a comprehensive analysis of how to assist suppliers.
- The pursuit of certainty in delivery should be balanced against cost.
- Stimulate innovation through early contractor involvement or alliancing, not public-private partnerships.
- Avoid transferring demand risk to public-private partnerships if service levels do not strongly impact demand.
- Bundle and cross-fund public-private partnerships to reduce demand risk.
- Adopt the regulatory asset base model where competition is absent or demand not strongly endogenous.
- Introduce a transparent public accounting standard to maximise the value for money of private investment.
- Foster competitive markets to achieve cost-effective infrastructure.
- Pursue data collection on how contract design affects project outcomes.
- Support the development of an evidence-supported procurement tool.
Revízia procesov tvorby cenových odhadov pre diaľničné projekty: Príklad Slovenska
Case-Specific Policy Analysis Summary,
5 March 2018
Partenariats public-privé pour les infrastructures de transport
Roundtable Report, Policy Insights,
29 January 2018
- Ne renégocier les PPP que dans des cas exceptionnels.
- Faire appel à un arbitre indépendant pour établir si le résultat d’un PPP cadre avec ce que les parties auraient négocié si elles avaient prévu le changement intervenu.
- Envisager de charger une instance indépendante de statuer sur le bien-fondé de la renégociation d’un PPP.
- Inclure la réputation et la compétence avérée parmi les critères d’attribution des contrats de PPP.
- Comparer les avantages et inconvénients des PPP avec ceux des autres formes de participation des capitaux privés.
Assessing the Distributive Impacts of a Congestion Charge Using a Synthetic Population Model. Presentation by Jillian Anable, ITS Leeds, UK and Phil Goodwin, University College London, UK
Presentation, slides, speech,
29 November 2017
Reforming Private and Public Urban Transport Pricing. Presentation by Stef Proost, KULeuven, Belgium
Presentation, slides, speech,
29 November 2017
Mitigating and Minimising the Distributional Impact of Road Pricing. Presentation by Scott Wilson, D'Artagnan Pacific Pty Ltd
Presentation, slides, speech,
29 November 2017
Urban Toll: Rethinking Acceptability through Accessibility. Presentation by Yves Crozet and Aurélie Mercier, Laboratoire Aménagement Economie Transports (LAET), Lyon, France
Presentation, slides, speech,
29 November 2017
Social Impact of Time and Space-Based Road Pricing: New Zealand Context and Lessons from Literature.
Presentation, slides, speech,
29 November 2017
Long-term Effects of the Swedish Congestion Charges. Presentation by Maria Börjesson, Swedish National Road and Transport Research Institute (VTI)
Presentation, slides, speech,
29 November 2017