Business Plan FY2024-2027

Overview

The Global Plan for the UN Decade of Action for Road Safety (2021-2030) underscores the critical need to boost road safety investment to halve road traffic fatalities and serious injuries by 2030.

In support of the Global Plan, the GRSF Business Plan FY2024-2027 has two primary goals:

1. Catalyze road safety investments by the World Bank and other multilateral development banks in low and middle-income countries (LMICs).
2. Ensure the high quality of these investments through the creation and transfer of road safety knowledge, expertise, and innovation.

Theory of Change and Pillars

As outlined in the GRSF Business Plan FY2024-2027, GRSF's work revolves around three interrelated pillars of action, which underpin our overall objective to support road safety efforts in LMICs.

The Theory of Change (outlined in full on page 13 of the Business Plan) addresses institutional and financing dimensions of the road safety challenge. It also identifies the activities required to surmount barriers faced by LMICs seeking to improve their road safety performance.

Four cross-cutting themes span and permeate the three pillars: 1) poverty, 2) vulnerable road users, 3) gender, and 4) transport decarbonization.