You can find the full article on the World Economic Forum website: How road pricing is tackling congestion and pollution in cities like London and Singapore.
Private vehicle traffic is skyrocketing – bringing with it more traffic jams, longer travel times and worsening air quality. Modifying road pricing can play a pivotal role in solving these challenges as well as transitioning to sustainable urban mobility. Singapore and London may be located in different hemispheres but both cities are global leaders in innovative approaches that reduce the congestion, emissions and pollution caused by road traffic. They’re among a growing number of cities with roads surpassing or nearing pre-pandemic traffic counts. Cities around the world are considering road pricing as part of multi-pronged suite of solutions to improve their transport systems and answer the question: “How can city transport be safer, healthier and more sustainable?”
Changing pricing will change traffic patterns, free up public space, incentivize zero emission mobility and support investment in alternatives like public transport, cycling, scooting and walking. If carefully and thoughtfully redesigned and implemented with community input, revised road pricing that considers direct and indirect costs could lead to a clean, equitable and financially resilient, sustainable future of road mobility.