Document summary
The transport sector is responsible for 14% of global CO2 emissions with road transport accounting for 75% and air transport for around 13%. Transport emissions are projected to increase to over 60% by 2030 from current global levels. A combined strategy of fuel efficient technologies, fuel switching, growth in public transport and strong policy frameworks could limit emissions growth to 10%. Public transport will be key and the €86 billion rail industry should benefit from solid and sustained growth in the medium to long term. The auto sector needs to make huge efficiency improvements to meet stringent CO2 targets.