The Collective for Clean Transport Finance

The Collective for Clean Transport Finance (The Collective) was formed at COP27 to address gaps within transport climate finance by facilitating radical collaboration between governments, businesses and financing institutions. The Collective already connects over 80 organizations with the long-term objective of creating a global deal flow to scale investments in clean transport. It is hosted by the World Business Council for Sustainable Development (WBCSD) and is supported by the UN Climate Change High-Level Champions, the Nand & Jeet Khemka Foundation, Smart Freight Centre, UNEP’s Global Electric Mobility Programme, the World Bank’s Global Facility to Decarbonize Transport and the ZEVTC.

The initiative aims to create the tools to change the risk profiles of investment in zero-emission transport. The Collective is launched by five leading international organizations and the High-Level Champions as a strategic collaboration, and its membership will continue expanding over the coming year.

Activity period	2022–2023
Last CoAct update	n/a
Web URL	https://www.wbcsd.org/news/global-consortium-of-governments-industry-and-investors-spearheads-innovative-investment-strategy-for-zero-emission-vehicles/
Output effectiveness	0.43
Accountability Index	0.00
Inclusiveness Index	0.37
Capacity Index	0.32
Num. actors	9
Functions	Knowledge dissemination, Standards and norms, Campaigning, Lobbying, Funding, Commercial product / service, Policy planning
SDGs
Themes
Policy focus	Mainly mitigation
Sectors	Financial and insurance activities
Implementation countries

CoAct Database