US has launched UN Road Safety Trust Fund to boost road safety worldwide to save lots of lives and stop the increased loss of opportunity associated with road accidents. UN Economic Commission for Europe (UNECE) is secretariat for the trust finance.
The fund has potential to galvanize global attempts to address street basic safety situation, building on improvement made and experience gained over 10 years of Action for Street Safety 2011-2020.
The United Nations took a major step to address the tragedy of road accidents by launching the UN Road Safety Trust Account to spur action that could save lives and prevent the loss of opportunity associated with road accidents.
Highlighting the opportunities offered by the fund, UN Deputy Secretary-General Amina Mohammed highlighted that there is a chance to save the lives of millions of people around the world, and to prevent injuries, suffering and the increased loss of opportunity associated with road accidents.
According to the UN Economic Commission for Europe (UNECE), the Organisation’s development arm in the continent, which is also the secretariat for the trust account, every USD 1,500 contributed to the finance could save one life; prevent 10 serious accidental injuries; and leverage USD 51,000 towards ventures in road safety.
Working specifically with road safety, two Sustainable Development Goals targets aim to halve the number of global deaths and injuries from street traffic accidents and also to provide access to safe, affordable, accessible and sustainable carry systems as well as improve road safety for everyone, respectively.
United Nations Road Safety Trust Fund
- The fund aims to accelerate progress in enhancing global road safety by bridging gaps in mobilization of resources for effective action in any way levels.
- It will mobilize resources from governments, intergovernmental or nongovernmental organizations (NGOs), private sector, philanthropic organizations and people.
- It’ll support initiatives along five pillars of Global Arrange for 10 years of Action for Street Safety (2011-20), such as improved basic safety of road infrastructure and broader transportation networks; strengthened street safety management capacities; improved security of vehicles; improved behavior of motorists and improved post-crash treatment.