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  • Photo: IRU

26.05.2023

Artikel Nummer: 45337

More support needed to halve road fatalities


Seven members of the Multilateral Development Banks (MDBs) committed USD 3.6 billion for road safety initiatives in developing countries during the period 2018-2022. Among the initiatives were three standalone road safety projects - in Bangladesh (World Bank), India (Asian Development Bank and World Bank), and Romania (European Investment Bank).

 

These commitments come in response to a global health crisis that kills 1.35 million people on the world’s roads every year. 93% of these fatalities occur in developing countries.

 

Despite these sizable contributions, a minimum of USD 200 billion in additional financing is required to achieve the UN’s goal of halving road fatalities in low- and middle-income countries by 2030, the European Investment Bank (EIB) said. (ben)

www.eib.org

 

 

 

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