New partnerships for safer roads across the globe

The European Investment Bank (EIB) today entered a partnership with the three NGOs leading Road Assessment Programmes (RAP) as part of the global drive to halve the 1.35 million annual global road deaths by 2030. The Memorandum of Understanding was signed at the 3rd Global meeting of Road Safety Ministers in Stockholm.

The EIB and the European Road Assessment Programme (EuroRAP), the International Road Assessment Programme (iRAP), and the Road Safety Foundation (RSF) joined forces to specifically support investment in national and regional “safer road” projects and to develop the analysis and skill sets needed to make investment in safer road infrastructure successful.

“We aim to finance road projects that will help to save lives and prevent serious injuries. The reward both in humanitarian and in economic terms is huge,” said EIB Group Vice-President Lilyana Pavlova, responsible for the bank’s transport operations. ”We, therefore, need to provide not only finance but also access to the required advice, training and skills to develop large scale safer road investment programmes. We all need to work closely together to improve safety on our roads. That is why we are delighted to enter this partnership with the RAP organisations.”