The Road to the SDGs

PURPOSE X The Transport Sector Policy aims to address the significant financing gap identified within the framework of the sector-related SDGs. X It outlines the principles and intentions that permit, guide and govern IsDB’s transport sector operations to achieve its institutional goals for the sector, which can be summarised in its vision for ‘Sustainable Transport for Inclusion and Prosperity’. X Within IsDB’s decentralised framework, the policy will facilitate a more intensive engagement with MCs through the Regional Hubs to discuss policy and strategy, and inform investment choices and other support for MCs. METHOD X The Transport Sector Policy is guided by two objectives, five pillars, six cross-cutting enablers and three guiding principles. X The five pillars identify the main types of transport interventions IsDB will finance. Two of these cover the provision of basic access and connectivity to assist the neediest populations: – Supporting universal, affordable access in poor and disadvantaged countries, and parts of countries – Supporting post-disaster and -conflict reconstruction in the transport sector. X The other three policy pillars enhance the contribution of transport to competitiveness, trade and economic growth and help MCs appropriately transition to clean and low-carbon types of transport: – Through its support for efficient transport systems, IsDB will finance investments to improve the efficiency and competitiveness of high-volume transport systems with a view to optimising the use of resources and enabling economic growth – IsDB will finance high-volume regional transport corridors and streamlining of border crossing procedures and logistics arrangements, thereby contributing to regional connectivity and trade growth – Green transport will assist middle- and high-income MCs that wish to reshape their transport systems to reduce adverse environmental impacts such as urban congestion, air pollution, noise pollution and CO 2 emissions. X The policy has six cross-cutting enablers to be considered when preparing all transport operations. These address Transport Sector Policy I sDB's Transport Sector Policy establishes the overall direction for lsDB's transport operations in MCs IsDB will assist MCs to selectively introduce new and innovative types of transport operations to address changing needs and improve transport sustainability [ 40 ] SDGs