We face a near tripling of the number of cars on the planet from 2010 to 2050, the vast bulk in emerging economies. Improved fuel economy is essential if we are to address some of the negative implications of this growth, such as pollution, congestion, energy and resource depletion, and environmental damage.
The Global Fuel Economy Initiative is a partnership of the International Energy Agency (IEA), United Nations Environment Programme (UNEP), International Transport Forum of the OECD (ITF), International Council on Clean Transportation (ICCT), Institute for Transportation Studies at UC Davis, and the FIA Foundation, which works to secure real improvements in fuel economy, and the maximum deployment of existing fuel economy technologies in vehicles across the world. The Initiative promotes these objectives through shared analysis, advocacy, and through the Cleaner, More Efficient Vehicles Tool for in-country policy support.
The Global Fuel Economy Initiative (GFEI) has shown that fuel economy improvements from conventional internal combustion engine cars can save a staggering $2 trillion in un-used fuel over the next decade, freeing up those valuable resources for other development priorities, such as education, health, infrastructure, or indeed the promotion of other transport technologies or modes such as electric vehicles.
Cost-effective technology improvements such as weight reduction, and stop-start hybridization, could keep fuel demand steady by 2050 – even with the predicted tripling of the global fleet – and thereby save close to half of the CO2 emissions from cars by this date. But we need a global commitment to fuel economy if we are to see the policies put in place to achieve this.