Meeting the Paris Agreement climate goals requires electrification of transport at an unprecedented pace as well as a steep increase in transport efficiency to account for expected increases in passenger mobility demand. Mobility-as-a-service (MaaS) is a recognized solution for a more efficient and user-centric mobility by digitally integrating transport modes into one service platform and […]
Baku, Azerbaijan, 14 November 2024 – 11 prominent companies have come together under the Zero Emission Vehicles Emerging Markets Initiative (ZEV-EM-I) to advance the electrification of passenger, last mile, and long-haul fleet vehicles in Mexico’s cities and freight corridors. Today, at COP 29, they announced a demand signal for approximately 9,000 electric vehicles in Mexico […]
CEOs and executives of 22 businesses convened to impel collaboration on financing zero-emission vehicles along strategic freight corridors
Optimizing EV charging infrastructure planning can result in 13% reduction in fuel costs and 70% reduction in charging time. Decarbonization of India’s trucking industry is a critical imperative India’s freight sector is expected to grow from over 3 trillion ton-kilometers annually today to nearly 10 trillion ton-kilometers by 2050. This presents a significant challenge, with […]
Mumbai, India, 24 June 2024: The CEOs and C-level executives of 32 forward-thinking companies convened during the inaugural World Business Council for Sustainable Development (WBCSD) India Connect event in Mumbai and agreed to collectively address industrial greenhouse gases emissions and accelerate market readiness of hydrogen development and road freight decarbonization. As part of WBCSD’s Industrial […]
Dubai, 5 December 2023 – Following the historical India e-truck demand announcement at G20, more than 30 major companies have united as part of the Zero-Emission Vehicles in Emerging Markets Initiative (ZEV-EMI), led by the World Business Council for Sustainable Development (WBCSD), US and UK governments under the ZEV Transition Council (ZEVTC), and forged collaborative agreements in emerging […]
Despite progress in zero-emission vehicle (ZEV) adoption, challenges persist. Variations in technology maturity, regional regulations and diverse market demands hinder a swift global transition. These complexities create investment uncertainties and widen the gap between intended global targets and the actual pace of ZEV deployment. This publication investigates the transformative potential of international public-private collaboration in […]
Partners within the Collective for Clean Transport Finance will collaborate to accelerate investments in global projects for road transport electrification. Dubai, 4 December 2023 – Today, at COP28 in Dubai, United Arab Emirates, the Government of the United Kingdom (as the ZEV Transition Council (ZEVTC) co-chair), the Government of the Netherlands, the World Bank, Amazon, DHL […]
Dubai, 29 November 2023 – In a new business brief published today by the World Business Council for Sustainable Development (WBCSD) Switch project, companies ABB, Accenture, Eaton and Schneider Electric, together with the BASE Foundation, Climate Group, Global Sustainable Electricity Partnership (GSEP) and Integrate to Zero explain how integrating decarbonization solutions presents a fast lane to net zero operations. […]
The time is ripe for businesses to make the leap to low-carbon operations. With supportive public policies and advancements in clean technology, a monumental shift is underway. Yet, to stay below the critical 1.5°C warming threshold, global cleantech investments must triple by the decade’s end. Business leaders face dilemmas between cost implications, technical feasibility, ROI, […]