Mobility funding in a post-carbon world
The urgent financing and maintenance of ever more strained mobility services and infrastructure is compounded by the need to implement and fund the transition towards a mobility system that can address the urban challenges of the future. Yet cities now find themselves in a financial dead-end that suggests an imminent and systemic crisis in mobility funding. Indeed, in a context of dwindling public resources, they must imperatively improve their services both quantitatively (in order to adapt networks to contemporary urban dynamics) and qualitatively (in order to modernize networks and increase their reliability). Meanwhile, the revenues historically used to finance mobility are now running into their limits, while the taxpayer or user’s willingness to contribute continues to shrink.
How can we rethink the mobility financing model? Can this transition be used to change travel behaviors?