<p>Transport infrastructure is vital for economic growth, poverty reduction and service delivery. Access to transport can help expand economic opportunities and services, reduce poverty and improve regional integration. The IDB is committed to Improving transport in developing countries. It supports the UN Decade of Action to promote safety for all users as an important element in all of the projects it finances. The IDB is also part of the Rio20 process, along with other multilateral development banks (MDBs).</p>
<p>What we do</p>
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<li>The IDB is committed to supporting investments in sustainable transport facilities to enhance access, efficiency and safety.</li>
<li>The IDB supports regional integration through cross-border and regional transportation projects.</li>
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<p>Financing</p>
<p>Transport sector-related approvals constitute approximately 30% of the IDB’s operations portfolio. In 2016, the IDB approved 12 operations in 11 countries with a total value of US$1.53 billion. Some 51% of this approved financing was in the rail sector, 38% was for roads and 11% was for urban mass transit projects. Overall, 50% of the financing was for sub-Saharan African countries (mostly roads), 38% was for Asia and Europe, and 12% was for the MENA region.</p>
<p>Highlights</p>
<ol>
<li>In 2016, the IDB continued its active participation in the MDB Working Group for Sustainable Transport and contributed to the group’s 4th progress report (2015-2016), as well as the MDB Working Group on Road Safety.</li>
<li>The Bank continues to include road safety audits as an integral part of its financing of road projects. It also assesses, on an ongoing basis, the sustainability of its transport financing to ensure the economic, environmental, social, and operational sustainability of these investments.</li>
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