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PIARC (World Road Association), founded in 1909 and comprising 125 member governments from all over the world, is the global forum for exchange of knowledge and experience on roads, road transport policies and practices. With consultative status to the Economic and Social Council of the United Nations, the Association is contributing to a stable and sustainable global development of the road and transport sector.

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Innovative financing mechanisms in road transport infrastructure investment

Governments everywhere are increasingly challenged to meet transport infrastructure financing needs, including with regard to roads. This article puts forward a series of key issues emerging from the ongoing OECD/JTRC work on the use of innovative financing for road infrastructure.