Road
Transport Innovations from the Global South
Corporate Partnership Board Report, Policy Insights,
6 November 2019
- Update transport policy and regulation to accommodate innovation that can contribute to economic growth and make transport more sustainable.
- Cooperate with research and industry, coordinate with all government levels.
- Leave room for bottom up innovation through a light regulatory touch.
- Be ready to facilitate discussion between innovative actors and traditional operators.
- Foster innovation in the delivery of concessioned transport services.
- Support change and build on existing cultural practices in order to improve quality of life for all.
- Create innovation sandboxes/living labs.
- Look beyond transport towards non-traditional policy matters.
What is the Value of Saving Travel Time?
Roundtable Report, Policy Insights,
1 October 2019
- Update the value of reductions in travel time periodically to reflect changes in preferences and travel patterns.
- Account for the quality of travel conditions.
- Employ stated preference surveys supported by other evidence for determining the value of reductions in travel time.
- Investigate how the use of Big Data can improve understanding of travel behaviour.
- Continue to use cost-benefit analysis in transport decision making.
- Strengthen the link between modelling, appraisal, monitoring and evaluation.
Benchmarking Accessibility in Cities
Case-Specific Policy Analysis, Policy Insights,
19 May 2019
- Use the new urban accessibility framework to compare and benchmark cities.
- Improve accessibility by reducing trip lengths and enhancing transport performance.
- Learn from similar cities with higher accessibility scores.
- Collect more and better urban mobility data, notably on walking and cycling.
Assessing the Net Overall Distributive Effect of a Congestion Charge
Discussion Paper,
11 October 2018
The Social Impacts of Road Pricing
Roundtable Report, Policy Insights,
10 October 2018
- Make demand management and congestion reduction the primary objective of road pricing.
- Differentiate road pricing by location and time.
- Combine road pricing and public transport planning to improve efficiency.
- Examine the combined effects of scheme design and mitigation to understand distributional impacts.
- Consider the use of discounts and exemptions carefully.
- Develop road pricing as part of an intervention package to achieve better utilisation of urban space.
- Reconcile economic, practical and political aspects in the design of road pricing schemes.
- Differentiate charges and consider adopting a rules-based pricing approach.
Private Investment in Transport Infrastructure: Dealing with Uncertainty in Contracts
Research Report, Policy Insights,
21 June 2018
- Pursue private investment in infrastructure on the merits of improved efficiency.
- Invest more into upfront preparation of projects to reduce inefficient risk pricing by suppliers.
- Undertake a comprehensive analysis of how to assist suppliers.
- The pursuit of certainty in delivery should be balanced against cost.
- Stimulate innovation through early contractor involvement or alliancing, not public-private partnerships.
- Avoid transferring demand risk to public-private partnerships if service levels do not strongly impact demand.
- Bundle and cross-fund public-private partnerships to reduce demand risk.
- Adopt the regulatory asset base model where competition is absent or demand not strongly endogenous.
- Introduce a transparent public accounting standard to maximise the value for money of private investment.
- Foster competitive markets to achieve cost-effective infrastructure.
- Pursue data collection on how contract design affects project outcomes.
- Support the development of an evidence-supported procurement tool.