Mobilising Investments and Partnerships to Deliver Impact in Road Safety – IRF & iRAP Foresight Session 08 at PIARC World Congress 2023
October 4 @ 2:30 pm – 6:00 pm CEST
About the Event
Road crashes are the biggest killer of young people worldwide. More than 100,000 people are killed and injured on the world’s roads every day. The proven, high-return and evidence-based infrastructure solutions to save lives exist. Yet, there is currently a significant underfunding of infrastructure for road safety and a latent need to mobilise private financing and partnerships that deliver. It is estimated that an additional US$260 billions in financing will be required to achieve the road safety-related Sustainable Development Goals (SDGs) 3.6 and 11.2 in low and middle-income countries (LMICs) over the coming decade.
To address the issue and in the framework of the PIARC World Congress 2023 the International Road Federation (IRF) together with the International Road Assessment Programme (iRAP) will hold a Foresight Session “Mobilising Investments and Partnerships to Deliver Impact in Road Safety” on 4 October at 14:30 – 18:00 in South Hall 3C (3rd floor). The session will explore the business case for investment in safer roads and mechanisms by which the investments and partnerships – necessary to achieve the target of the Decade of Action – can be mobilised.
The session will address the following questions:
· What’s the business case for investments in safer roads, and how does it translate in different regions of the world?
· How to create a conducive environment for the private sector to engage?
· How can private investments be mobilised to close the funding gap?