22 May 2018
The UN Road Safety Trust Fund: HLP members secure initial funding
The United Nations Road Safety Trust Fund was welcomed by the United Nations General Assembly and officially launched on April 12th in New York.
FIA President Jean Todt, who also serves as the United Nations Secretary General’s Special Envoy for Road Safety said “Millions of lives are at stake: the launch of the United Nations Road Safety Trust Fund is a major step forward. There is now an urgency to mobilise financial resources. I call on all stakeholders, United Nations Member States, and partners to contribute to this Fund”.
The Fund will focus on the five pillars of the Decade of Action: better road safety management, safer infrastructure, safer vehicles, safer road user behaviour and improved post-crash care.
The Fund will finance catalytic programmes, i.e., activities that have a multiplier effect in unlocking domestic funds. UNECE 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.
The FIA High Level Panel for Road Safety (HLP) has contributed to this significant milestone in global road safety by carrying out the following activities:
- In December 2015, the HLP published “Catalytic Funding for Road Safety in the Post-2015 Period: Priorities, Resources and Impact”, by Professor Fred Wegman.
- In August 2016, the HLP published a note on “Making the new UN Road Safety Fund a Success”, which was sent to UNECE. Most of its contents were incorporated in the proposal presented in Turkmenistan at the Global Sustainable Transport Conference in November 2016.
- In September 2016, the HLP commissioned a report from Monitor Deloitte to identify potential sources of private funding.
- A workshop to discuss the establishment of the Fund was held in the sidelines of the International Transport Forum Summit in Leipzig in May 2017.
- The HLP also played an instrumental role in attracting donors to the Fund, with three members of the Panel (the FIA Foundation, TOTAL and 3M) being the first to pledge funding.
The HLP is now working on establishing mechanisms to allow for flexible contributions to the Fund from private companies.