Established by the Green Finance Institute in January 2021, the Coalition for the Decarbonisation of Road Transport (CDRT) brings together an expert multi-stakeholder group focused on identifying the most promising market solutions to scale up the investment in zero-emission road transport and supporting infrastructure.
Please find below the inaugural publication from the Coalition (Road to Zero: Unlocking public and private capital to decarbonise road transport), press release, and appendix 2.
The report sets out the results of a focused review of the complex and wide-ranging barriers to realising road transport decarbonisation, building on existing research, international best practice, and extensive conversations with experts from across the road transport ecosystem.
The report reveals an estimated £150bn of gross capital investment is needed by 2030 to finance the transition to zero emission vehicles for consumers, and enable UK-wide charging infrastructure, and suggests 18 potential solutions to catalyse that investment.
“Decarbonising road transport, key to meeting our national emissions targets, is a challenge that’s too large and interconnected for any one part of the market to solve alone. We need public and private partnerships across finance and industry focused on tackling the barriers and unlocking the estimated £150bn that’s required to accelerate the pace of change.”
Rhian-Mari Thomas, CEO, Green Finance Institute