The demand for high-quality transport networks and services is growing fast. Meeting it requires continued expenditure and investment. But scarcity of public funds amplified by rising public debts brings into question traditional funding structures. With transport investment a long-term venture, robust, sound and credible funding propositions that will support trade, growth and long-term sustainability are urgently needed. The International Transport Forum’s 2013 Summit on “Funding Transport” will consider all aspects of funding and financing transport to answer: How will transport infrastructure, services and systems in general be funded to meet current and future demands? Key questions to be explored include: - In a competitive environment for private capital, where will the money go across regions and sectors: Europe, America, Asia, Africa? What are the key attraction factors? - How can the various types of funds and other sources of capital combine to provide the most efficient financing of the highest priority projects? - What are the pitfalls of Public/Private Partnerships and how can risks be managed to ensure the taxpayer does not bear any excess burden? - How should investment and operating costs of transport systems be split between tax payers, users and beneficiaries? - What do airlines and other actors of the air transport sector need to do to adapt and stay viable in a low-cost environment? - What is the right balance in allocation of scarce funds between services and infrastructure when both are equally important? - How can funding challenges be overcome to better connect global logistics networks across borders? This publication presents the highlights of this summit. (Author/publisher)
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