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XXVIIth World Road Congress
Proceedings of the Congress

Foresight Session 01 - Sustainable finance and international policies for the SDGs 2030

Tuesday, October 3 09:30 - 13:00
Chair: Francesco MICCI (PIARC/World Road Association) / Stephen PERKINS (International Transport Forum at the OECD)
Room: South Hall 1, 1st floor

The Foresight Session, co-organized by PIARC/World Road Association’s International Technical Committee 1.3 - Finance & Procurement and the International Transport Forum (ITF) at the OECD, brought together lead officers and senior experts from main international institutions, organizations and financial sector, involved in the transport and road sector.

The prestigious panel of speakers analysed and discussed both the latest international policies, including innovative sustainable procurement and Public-Private Partnerships’ schemes, and the structuring and deployment of mechanisms and instruments of sustainable finance, as well as alternative sources of funding, for road networks, road infrastructure projects and mobility at the international level.

A high-level debate (keynote presentations plus a panel discussion/Q&A session) focussed on fundamental topics in line with the 2030 Agenda of the United Nations (17 SDGs) and related to current and future main issues for the road and mobility sector worldwide; including goals as the progressive decarbonization of road infrastructure and the correct development of carbon neutral mobility, in order to reach a balanced and comprehensive long-term sustainability for the road and mobility sector. Considering multiple implications at different levels (e.g. policy, financial, fiscal, environmental, social) and connecting successful sustainable policies and best practices in funding and financing. Sharing the latest trends both in the road and mobility sector (i.e. transport sector) and in the financial sector at the international level.

The Foresight Session addressed the following questions/topics:

  • Trends regarding sustainable funding/financing in the road infrastructure and mobility sector at the international level, including decarbonising road infrastructure and developing carbon-neutral mobility
  • Innovative sustainable finance schemes/instruments applied to main road sector’s projects and national networks, as well as in the mobility sector
  • International sustainable policies, procurement mechanisms and PPPs for the road and mobility sector worldwide, aligned with the 2030 Agenda of the U.N. (17 SDGs).
  1. Welcome
  2. Session introduction
  3. Presentations
  4. Presentations
  5. Panel discussion and Q&A
  6. Conclusion
  7. Final Conclusions
  8. Organization


• Nazir ALLI, President, PIARC (World Road Association)

Session introduction

  • PIARC/World Road Association Outlook (2020-2023): TC 1.3 - Finance and Procurement & TC 1.4 - Climate Change and Resilience of Road Networks
    Francesco MICCI - Secretary, International TC 1.3 Finance and Procurement, PIARC
    Caroline EVANS - Chair, International TC 1.4 Climate Change and Resilience of Road Networks, PIARC


  • The financial implications of decarbonizing transport
    Young TAE KIM - Secretary General, International Transport Forum at the OECD
    Stephen PERKINS - Senior Counsellor, International Transport Forum at the OECD
  • The UNECE PPP and Infrastructure Evaluation and Rating System (PIERS): a tool to evaluate the sustainability of transport projects in support of the SDGs
    Tony BONNICI - Chief - Cooperation and Partnerships Section, UNECE
  • Financing Sustainable Transport in the Developing World
    Nicolas PELTIER-THIBERGE - Global Director - Transport Sector, World Bank
  • Financing and implementing sustainable road networks – talking through EBRD’s approach
    Donald MISHAXHIU - Senior Banker - Infrastructure Europe, European Bank for Reconstruction and Development (EBRD)
    Ian JENNINGS - Senior Specialist - Urban Transport, European Bank for Reconstruction and Development (EBRD)



  • Financing and future proofing road networks
    James LEATHER - Chief - Transport Sector Group, Asian Development Bank (ADB)
  • Funding a credible a 1.5-degree transport future, mobility and infrastructure
    Fabiana CONTRERAS (Climate Bonds Initiative)
    Paul VERMAAK - Head of Standards, Climate Bonds Initiative (CBI)

Panel discussion and Q&A

Moderators: Francesco MICCI, Secretary, TC 1.3 - Finance and Procurement, PIARC (World Road Association) and Stephen PERKINS, Senior Counsellor, International Transport Forum at the OECD

• Session Speakers


• Session Chairs and Speakers

Final Conclusions


Organiser: Francesco MICCI (PIARC/World Road Association)
Secretary: Bianka JENEI-TEMES (International Transport Forum at the OECD)