UN Global Road Safety Trust Fund launched

FIA Foundation has pledged US$10 million to kick start a United Nations Road Safety Trust Fund, launched by Deputy Secretary-General, Amina Mohammed. The new fund is intended to encourage road safety action across the globe, using donations to help unlock government and municipal funding and re-focus national road safety budgets towards proven safe system and interventions. The monies will support projects aimed to strengthen road safety management capacities, improvements to road infrastructure and
April 18, 2018 Read time: 2 mins

1341 FIA Foundation has pledged US$10 million to kick start a United Nations Road Safety Trust Fund, launched by Deputy Secretary-General, Amina Mohammed.
 
The new fund is intended to encourage road safety action across the globe, using donations to help unlock government and municipal funding and re-focus national road safety budgets towards proven safe system and interventions.

The monies will support projects aimed to strengthen road safety management capacities, improvements to road infrastructure and vehicle design, as well as schemes to improve the behaviour of road users.

FIA – the Paris-based Federation Internationale de l'Automobile - is the governing body of motor sport and promotes safe, sustainable and accessible mobility for road users globally. The FIA Foundation, a grant-making charity supporting road safety programmes and advocacy across the world, was the first donor to the World Bank’s Global Road Safety Facility in 2005.

The UN Economic Commission for Europe estimates that for every $100 million raised and deployed by the fund, a further $3.4 billion of country and city investment can be unlocked for infrastructure and road safety programmes, saving 64,000 lives and preventing 640,000 serious injuries. To meet the road safety sustainable development goal targets for road safety by 2030 will require at least $770 million per year in catalytic financing, so the stakes are high and the challenge great.

Jean Todt, the United Nations secretary-general’s special envoy for road safety, said the fund should build on the progress made over the Decade of Action for Road Safety 2011-2020.

For more information on companies in this article

Related Content

  • IRF Geneva highlights making roads safe: a priority for all
    May 15, 2014
    IRF Geneva’s Susanna Zammataro highlights the importance of the Federation’s ongoing commitment to the work of the United Nations Road Safety Collaboration, with which she serves as co-chair of the project group dedicated to Safer Roads and Mobility On 10th April, the United Nations General Assembly was due to discuss a new global road safety resolution. For those who might dismiss this as just another piece of paper condemned to sit on government shelves and gather dust, this a reminder of a few facts
    Read More
  • UK road safety plan announced
    July 18, 2019
    A new road safety plan for the UK has been announced. This includes a major package of measures to reduce the number of people killed and injured on roads. The action plan is designed to improve safety for people at every stage of life – from infants in car seats to those with years of driving experience. It includes increased penalties for failing to wear a seatbelt one of 74 measures being considered. Failure to wear a seatbelt could result in penalty points as well as fines, under new plans t
    Read More
  • Road safety is an EU priority
    March 2, 2012
    The preparation of the new EU Road Safety Policy for the next decade will take place during Spain's presidency of the EU. Patrick Smith reports. An the past 10 years, half a million people have been killed on European Union roads, with road crashes costing an annual €160 billion or 2% the EU's GDP.
    Read More
  • Safety technology to cut crashes
    January 22, 2020
    Bloomberg Philanthropies has commissioned a new road safety report that shows 42,000 lives could be saved and 150,000 serious injuries prevented by 2030.
    Read More

Highlighted Content