The Nature Conservancy Reacts to the Issuance of the Transportation and Climate Initiative's Memorandum of Understanding
Today, the Transportation and Climate Initiative (TCI), a collaboration initially between 13 jurisdictions in the Northeast and Mid-Atlantic, released its memorandum of understanding proposing to institute a cap and invest program to reduce the carbon emissions that cause climate change. The revenue generated from TCI could then be deployed to address a range of transportation needs and pollution problems that are urgent to the region, including enhancing access to affordable transportation and addressing inequities across communities.
Our hope is that all relevant jurisdictions will eventually commit to a regional approach, to comprehensive thinking and to equity, and sign on to the MOU.
“Today’s MOU is a significant advancement in the conversation about transportation, our communities, and climate change,” said Lynn Scarlett, Chief External Affairs Officer of The Nature Conservancy. “Across the Mid-Atlantic and Northeast, communities both urban and rural face health and economic problems connected to transportation. These impacts stem not just from carbon pollution and other tailpipe emissions, but also from issues around lack of options, availability, equity, and accessibility. TCI is more than a financial tool. It is an opportunity for a comprehensive, regional approach to the question of how we get around from place to place, and how we secure a livable future for all our communities and for the planet itself. Emissions from transportation sources are the single biggest contributor to US carbon emissions and addressing them is critical to meeting the challenge of climate change. Ensuring a process going forward that addresses concerns and includes voices of communities exposed to disproportionate levels of vehicle emissions and those that have less access to clean transportation options is particularly important.”
“TCI can be a powerful engine to make positive changes. Our hope is that all relevant jurisdictions will eventually commit to a regional approach, to comprehensive thinking and to equity, and sign on to the MOU.”
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. Working in 76 countries and territories—37 by direct conservation impact and 39 through partners—we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.