SLOCAT Partnership on Sustainable, Low Carbon Transport’s Post

💡 The session, organised by World Resources Institute at #NDCTIA regional conference in Bangkok, "Improving access to climate finance for sustainable and low-carbon transport" shed light on two crucial barriers that Asian countries need to address to improve their access to #ClimateFinance: 1) Small and medium #transport businesses face fiscal constraints recovering from the adverse effects of the #COVID19 #pandemic, such as workforce shortages. 2) Government funding for transport #decarbonisation projects is too low.  📌 Alice Yiu, SLOCAT’s Director for Policy Outreach and Strategic Communications contributed to discussions that both factors make overcoming the high initial costs of green technologies even more difficult, as there are limited financing options for #ElectricVehicles. 🔖 The daily updates will be available soon on NDC-TIA's website➡️ https://shorturl.at/4rbRC

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