Evolution and Growth of Green Technologies in Asia Pacific Rail Market. With Green technologies making their debut in new rail projects in the Asia Pacific, operators, manufacturers and vendors are keen to jump on the Green bandwagon and are focusing on incorporating green products and standards in their rail systems. Urbanisation and improved economy, along with people's need for mobility and goods movement, has resulted in an influx of investments in new rail infrastructure in the Asia Pacific.

As these new urban rail projects now have to come equipped with energy-efficiency solutions, market participants are looking to implement Green technologies in the rail systems and infrastructure. The energy-efficient technologies will also make rails the most sustainable mobility solution to transport people and goods on freight lines. As rails are increasingly adopting Green technology, stakeholders must encourage Green transport such as urban rail as opposed to road and air, as rail has lowest carbon dioxide gas emission, especially with electrification of rail lines. Simultaneously, the integration of rail transport system with other transport modes will pave the way for greater convergence among the different systems.

Despite the clear environmental benefits of Green rails, the high prices of the technology often deter potential investors. The market is addressing the issue of investments by gradually shifting from the old model of full financing from government to a public-private partnership to satisfy the expectations of multi stakeholders. The implementation of green technology in rails can be a success if the business case is promoted as a public-private partnership with access to equity and financial markets for project funds.

Market participants have to secure substantial budgets to implement new Green technologies for passenger rail and freight lines, as most rail components are fully imported and require time-intensive approvals for tropical conditions. Some recent changes in heads of government in cities such as Japan and Australia have delayed the decisions for the rail projects.

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