By providing a sound empirical basis for charging policy development using information on all financial, economic and environmental impacts, the GRACE project supports the development of sustainable, economically efficient and safe transport systems. The expected results corresponding to the main project outputs are to provide new marginal cost estimates – supporting the work of the Commission and being used to inform the structure and level of charges. The development of transport accounts that will make transparent the relationship between costs, revenues and benefits, will provide policymakers in transport and finance departments at the national, regional and local levels with enhanced information on which to determine the future direction of transport sector charging. For more information visit the project website
Undertake new case study research to address gaps in the existing level of knowledge of marginal social costs in road and rail transport – particular attention is given to specific aspects, namely infrastructure wear and tear, road congestion, rail scarcity costs, accidents, air pollution and global warming, noise nuisance and environmental costs in sensitive areas
undertake new case study research to address gaps in the existing level of knowledge of marginal social costs in air and water borne transport, with particular attention to all cost categories;
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