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Policy Options for Decarbonising Transportation in APEC

Cover_222_PSU_Policy Brief on Decarbonisation of Transport
Published Date September 2022
Type of Publication Reports
Publication Under APEC Secretariat, APEC Policy Support Unit
Accessed 208
Pages 10
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Description

Climate change is an existential threat to the APEC region, and transportation significantly contributes to this problem through its greenhouse gas (GHG) emissions. Vehicle electrification is the most effective and efficient solution to decarbonise transport, and could have quick and measurable impacts on reducing GHG emissions and addressing climate change. This policy brief discusses five practical and proven policy options for vehicle electrification: (1) reform vehicle supply regulations, (2) offer vehicle purchase incentives, (3) provide electric vehicle usage incentives, (4) develop charging infrastructure, and (5) educate, inform and reach out.