What are the innovative funding models for future transport systems?

What are the innovative funding models for future transport systems?

Innovative funding models for future transport systems include public-private partnerships, congestion pricing, and mobility-as-a-service.

Can you explain how public-private partnerships work in transport funding?

Public-private partnerships (PPPs) involve collaboration between government and private sector to finance, build, and operate transport projects.

What are the benefits of using congestion pricing?

Congestion pricing reduces traffic, generates revenue for public transport, and encourages the use of alternative transport modes.

How does mobility-as-a-service change the funding landscape?

Mobility-as-a-service integrates various transport services into a single accessible platform, shifting funding towards user subscriptions and usage fees.

What challenges do these funding models face?

Challenges include regulatory hurdles, public acceptance, and ensuring equitable access to transport services.