Financing Innovation in Clean, Sustainable Smarter Mobility: Moving beyond investor subsidised strategy to develop sustainable business models.
Despite its environmental benefits, the amount of smarter mobility options and electric vehicle use in Africa is still very limited. Slow penetration in developing countries and countries with emerging markets might be explained by certain factors that discourage vital investment into new and emerging mobility solutions. In this session, we address limitation to investment of smarter mobility and electric vehicle adoption, assess opportunities related to unlocking proactive investment from potential fiscal and non-fiscal incentive programmes to innovative subsidies through national smart mobility and electric vehicle programmes. We look at the overall regulatory and policy fluidity to create an enabling environment for investment.