All Transport
Adapting Transport Policy to Climate Change
Research Report, Policy Insights,
30 November 2015
- Uncertainty is different from risk.
- Climate effects are subject to uncertainty.
- There are techniques to deal with risk.
- There is currently no robust method to treat Knightian uncertainty.
- Risk, uncertainty and discount rate all affect carbon value.
Integrated Transport Development Experiences of Global City Clusters - Urban and Suburban Transport in Mexico City
Presentation, slides, speech,
2 July 2015
Urban Development, Transport Investments and Connectivity in the Ile-de-France Region
Presentation, slides, speech,
2 July 2015
Integrated Transport Development in China’s Emerging Urban Agglomerations
Presentation, slides, speech,
1 July 2015
Urban Planning and Transport Infrastructure Provision in the Randstad, Netherlands – a Global City Cluster
Presentation, slides, speech,
1 July 2015
Cities as Labor Markets: Relevance to China City Cluster Development
Presentation, slides, speech,
1 July 2015
Big Data and Transport
Corporate Partnership Board Report, Policy Insights,
30 April 2015
- Road safety improvements can be accelerated through the specification and harmonisation of a limited set of safety-related vehicle data elements.
- Transport authorities will need to audit the data they use in order to understand what it says (and what it does not say) and how it can best be used.
- More effective protection of location data will have to be designed upfront into technologies, algorithms and processes.
- New models of public-private partnership involving data-sharing may be necessary to leverage all the benefits of Big Data.
- Data visualisation will play an increasingly important role in policy dialogue.
Urban Mobility System Upgrade
Corporate Partnership Board Report, Policy Insights,
31 March 2015
- Self-driving vehicles could change public transport as we currently know it.
- The potential impact of self-driving shared fleets on urban mobility is significant. It will be shaped by policy choices and deployment options.
- Active management is needed to lock in the benefits of freed space.
- Improvements in road safety are almost certain. Environmental benefits will depend on vehicle technology.
- New vehicle types and business models will be required.
- Public transport, taxi operations and urban transport governance will have to adapt.
- Mixing fleets of shared self-driving vehicles and privately-owned cars will not deliver the same benefits as a full TaxiBot/AutoVot fleet - but it still remains attractive.
Institutional and Political Determinants of Private Participation in Infrastructure
Presentation, slides, speech,
27 October 2014
Renegotiation of Transportation Public-Private Partnerships: The U.S. Experience
Presentation, slides, speech,
27 October 2014
Soft Budgets, Renegotiations and Public-Private Partnerships
Presentation, slides, speech,
27 October 2014
Renegotiations: How to Approach them and Economic Outcomes
Presentation, slides, speech,
27 October 2014
Causal Inference for Ex-Post Evaluation of Transport Interventions
Presentation, slides, speech,
14 September 2014
Permanent Observatories as Tools for Ex-Post Assessment: the French case study
Presentation, slides, speech,
14 September 2014
The National Audit Office’s Value for Money Assessment of Transport Investments
Presentation, slides, speech,
14 September 2014
Policy Evaluation System for Reduction Of Co2 Emissions in Transport Sector
Presentation, slides, speech,
27 February 2014
Cost Benefit Analysis France: Monetising Non-Priced Effects
Presentation, slides, speech,
1 February 2014
Prospettive Dei Trasporti Del Fit (Forum Internazionale Dei Trasporti) 2015
Transport Outlook Summary,
1 January 2014
The Social Cost Of Carbon: A Primer And Overview Of The U.S. Government’s SCC Estimates
Presentation, slides, speech,
12 December 2013
Valuation of CO2 Emissions in Cost-Benefit Analysis of Transportation Projects: Report from Japan
Presentation, slides, speech,
1 December 2013
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Roundtable Report, Policy Insights,
24 September 2013
- A mix of financing models spreads risks.
- A dedicated budget for PPPs, set in relation to the rate at which future liabilities will be accumulated, can provide such a limit.
- Explicit consideration of alternative financing arrangements should be employed in determining whether to proceed with PPP projects.
- It is recommended that governments require PPP projects to pass tests of affordability and to clear the hurdle rates of return generally applied to publicly financed transport projects.
- The expected cost of PPP projects should take account of cost inflation resulting from the propensity for projects to be renegotiated.
- At the individual project level, risks should be assigned to the party best able to manage them, along with rights to make related decisions.
- Assigning demand risk is not straightforward and risk sharing arrangements are therefore common.
- Continuity of resources and expertise is essential for addressing strategic behaviour and optimism bias more generally.
- Regulatory agencies are well placed to ensure transparency and accountability by publishing reports on the criteria employed to make decisions and publishing contracts.