At the World Leader Summit today, 30 countries have agreed to collaborate to normalise zero emission vehicles (ZEVs), by making them accessible, affordable and sustainable in all regions by 2030. A number of emerging markets, including India, Rwanda and Kenya, have additionally agreed to the importance of this development and have elected to accelerate the transition to ZEVs.
The launch of a new World Bank trust fund was announced, which will contribute $200 million over the next 10 years to decarbonise road transport in emerging markets and developing economies. This goal is guiding the Zero Emission Vehicle Transition Council (ZEVTC), which discussed with distinguished representatives, including experts on the transition in Emerging Markets and Developing Economies (EMDEs), how international collaboration can support a global transition. The ZEVTC will launch its first annual Action Plan, which sets out areas for sustained international cooperation to accelerate the transition during 2022. The US has today joined the UK as a co-chair of the ZEVTC.
Nineteen governments have also stated their intent to support the establishment of ‘green shipping corridors,’ zero-emission shipping routes between two ports. This will involve deploying zero-emission technologies and putting alternative fuel and charging infrastructure in place in ports to allow for zero emission shipping on key routes across the globe.
The UK has pledged to transition to clean trucks by committing to end the sale of most new diesel trucks between 2035 and 2040, resulting in advanced air quality, petroleum reduction, and the adoption of zero-emission vehicles, introducing the transition to a better world.
Written and edited by Sophia Axon and Jasmine Ayres