TRT Trasporti e Territorio is pleased to announce that the second edition of the Study on the costs and benefits of the urban mobility transition has been published!

This study, realized for EIT Urban Mobility, explores the transition to sustainable urban mobility in Europe by 2030 and 2050, through the simulation of 12 city prototypes to reflect different urban characteristics. The model estimates several transport, environment, and economic indicators, including the CO₂emission reduction as well as the investments and costs linked to the deployment of packages of sustainable mobility measures needed to reach the Green Deal objectives.

Key findings of the study show that while technology advancements alone could reduce CO₂ emissions by 21% by 2030, achieving the Green Deal targets requires much more ambitious measures. The only emission reduction pathway for urban mobility that meets the 2030 Green Deal target involves a 44% reduction in emissions, but it comes with significant challenges in terms of public acceptance and behaviour change.

 

By 2050, all three analysed scenarios are projected to meet the Green Deal’s decarbonisation goals for the transport sector, primarily through continued technological advancements and vehicle fleet renewals. The study estimates that reaching these goals will require at least €1.5 trillion in investments investment from public and private sectors as well as from households in Europe, including €500 billion for the implementation and management of sustainable mobility measures.  Although these costs are significant, the study highlights that the benefits—such as reduced CO₂emissions, improved public health, and lower external costs—outweigh the financial outlays.

For further information and to access the full study report, click here: https://www.eiturbanmobility.eu/publi/study-on-the-costs-and-benefits-of-the-urban-mobility-transition/