MOVECREDITS COALITION PLEDGE
- Finance
Unlocking carbon markets for rail and public transport
Turning avoided emissions into opportunities.
Rail and public transport deliver significant climate benefits by shifting passengers and freight away from road transport. Yet these benefits are not fully reflected in existing financing frameworks.
Carbon markets offer an opportunity to recognise verified emissions reductions and generate additional revenue to support sustainable transport investment.
The opportunity
A 2023 UIC white paper estimated that expanding rail in low- and middle-income countries could avoid up to 1.8 gigatonnes of CO₂ by 2050, with potential carbon revenues of USD 27-72 billion, depending on carbon prices.
MoveCredits aims to help turn this potential into practical financing opportunities for rail and public transport.
A collective commitment
Founded by UIC, UITP and Alstom, the MoveCredits Coalition brings together stakeholders committed to unlocking the potential of carbon markets for sustainable transport, building on the Rabat Declaration on Investment and Financing Solutions for Africa’s Railway Future.
Through the MoveCredits Coalition Pledge, signatories commit to working collectively to:
• Develop practical methodologies for carbon markets applicable to rail and public transport.
• Strengthen knowledge sharing and technical cooperation to support implementation.
• Build capacity among stakeholders to participate in carbon markets.
• Advocate for greater recognition of sustainable transport within international climate finance frameworks.
• Advance harmonised standards and key performance indicators to verify the climate benefits of rail and public transport projects across financing instruments.
Join the collective effort
Railway and public transport operators, governments, financial institutions, development banks, industry, academia and international organisations are invited to join this shared initiative.
By signing the MoveCredits Coalition Pledge, your organisation can contribute to a collective effort to unlock carbon markets, mobilise additional financing and accelerate transport decarbonisation.
Read and sign the MoveCredits Coalition Pledge:
Together, we can help translate the climate benefits of rail and public transport into new financing opportunities.