Full Title: Transportation and Mobility Energy Demand Outlook
Author(s): International Energy Forum
Publisher(s): International Energy Forum
Publication Date: November 19, 2024
Full Text: Download Resource
Description (excerpt):
Transportation and mobility demand is expected to grow significantly in the coming decades, driven by multiple factors, including population and economic growth, and urbanization. Transportation can be defined as a means of moving people and goods from one place to another using various modes i.e. cars, trains, planes and ships. In contrast, Mobility refers to the ability, affordability, and accessibility of people or goods to move freely across regions and countries using various transportation options.
The demographic shift in the coming decades necessitates enhanced infrastructure development to accommodate diverse transportation options and meet the growing demand for mobility. Urbanization will further amplify this need, as cities are expected to grow significantly in size, enhancing travel requirements between and within urban centers. Moreover, economic growth disparities across regions will influence transportation dynamics. The interplay between
these factors highlights the importance of developing robust policies that not only address current demands but also anticipate future trends in a rapidly changing environment.
Beyond its essential role in facilitating the mobility of passengers and goods worldwide, transportation is also a crucial enabler for achieving the 2030 Sustainable Development Goals (SDG). Since the beginning of this decade, the industry has faced significant challenges, including one of its biggest crises during the COVID-19 pandemic, followed by conflicts that have affected aviation and energy supply. Passenger transport declined by more than half in 2020 due to the COVID-19 pandemic, while freight transportation remained relatively stable, ensuring the distribution of essential goods such as agricultural products, food, medical products, and equipment across the globe.