The transport sector remains a major challenge in Europe’s decarbonisation efforts, with emissions continuing to rise despite policy measures. While electric vehicles alone will not solve the problems, experts highlight the need for a balanced approach combining regulation and incentives.
Between 1990 and 2022, transport emissions grew by 26 per cent, primarily due to road transport, while other sectors saw reductions, according to the World Bank’s latest report, “Enhancing Transport Decarbonisation in the European Union”.
To reverse this trend, the report argues that the EU must enhance public-private collaboration, leverage financial tools to bridge investment gaps and implement policies that incentivise sustainable transport. E-mobility has significant potential, but affordability remains a barrier.
The EU, which accounted for a quarter of global EV sales in 2023, must support smaller, energy-efficient EVs, electrify commercial fleets, and develop innovative financing models for zero-emission trucks and buses. Urban areas, home to 75 per cent of the EU population, are key to reducing emissions. Strengthening governance, diversifying funding, and applying measures like congestion charges and dynamic parking pricing can accelerate progress.
Source: ECEEE
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