CGD in the News

How Blockchain Technology is the Key to Building Sustainable Transport Networks

April 24, 2023

According to the Center for Global Development, 63% of the world’s total carbon emissions are generated from the developing world, and 88% of these emissions originate in Asia or Africa. 270 million TukTuks—a small motorized vehicle akin to a rickshaw—and other two- and three-wheelers underpin the transportation sector throughout these regions. Yet despite their size, they all emit more CO2 than an everyday car.