Reinventing mobility for tomorrow also means making profound changes to the relationship we have with the public space and the way we move around in it; changes that must embrace the concepts of sharing, fairness and freedom.
“MOBILITY IS A PUBLIC-PRIVATE NETWORK, IT IS ONE SYSTEM THAT SERVES A MUTUAL NEED.”
- Maya Ben Dror, Lead, Future of Mobility, Centre for the Fourth Industrial Revolution, The World Economic Forum
“The movement of people and things is critical to prosperity: it provides access to jobs, education, healthcare, finance, trade, social interaction, recreation opportunities and more. But, today, it is the single source of emissions that still increases while we battle to curb the social, economic, and environmental threats of climate change: passenger mobility accounts for 70% of transportation greenhouse gas emissions and often causes over 90% of city air pollution. That’s why decarbonizing mobility is high on the World Economic Forum’s Future of Mobility platform agenda.
For a long time, mobility has been perceived as either privately or publicly owned. This artificial separation, which has taken up more resources than needed, does not seem relevant anymore. Mobility is a public-private network, it is one system that serves a mutual need and many of its aspects are privately manufactured and operated but partially funded by taxpayers’ money (infrastructure maintenance and transportation signage, for example). And, many of our 20th century urban planning and mobility policies are incapable of effectively managing a rapidly evolving mobility landscape. In other words, although the technologies to drive a much-desired mobility as a service are there, we do not yet integrate them in a manner that reassures they are providing a truly sustainable and resilient future for all.
To face these challenge, we initiated the Global New Mobility Coalition, a community of over 200 renowned experts, NGOs and companies, to drive the transition to sustainable and resilient urban mobility ecosystems. By linking shared, electric, connected, and automated mobility solutions, many of which are already at our disposal, we could free up 75% of our street space and reduce carbon emissions from 4,600 to less than 700 megatons by 2050. The linking tissue between these socio-technological innovations is turning mobility from a product or asset to a service. What’s encouraging is that the adoption of these transitions can be achieved while serving an increasing demand for mobility, improving urbanization processes, and propelling growth.