Sustainable Asset Valuation (SAVi) of a Public Bicycle Sharing System in Dwarka, New Delhi, India
This report presents the results of the Sustainable Asset Valuation (SAVi) applied to the Public Bicycle Sharing (PBS) system in Dwarka, Delhi. The city district Dwarka is located in Delhi, India, and—like many large cities in India and other parts of the world—is coping with a range of urban mobility and development challenges. These challenges include long commuting times, rising numbers of private motorized vehicles, resulting in high traffic volumes and congestion, safety concerns, air pollution, health impairments and economic inefficiencies .Dwarka is foreseen as a pilot area for implementing a PBS system that promises to be an important element for realizing sustainable and multi-modal transport infrastructure in Delhi. The Centre for Green Mobility, the concept developer of the PBS system, invited the International Institute for Sustainable Development (IISD) to customize the Sustainable Asset Valuation (SAVi) methodology for assessing the suggested PBS system in Dwarka. The developed SAVi PBS model serves to estimate and value the environmental, social and economic co-benefits and avoided costs generated by different demand scenarios for the PBS system.