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Congestion pricing, often referred to as congestion pricing or cordon pricing, is a traffic management strategy designed to reduce traffic congestion in urban areas by charging drivers fees to enter or drive within high-demand zones. The concept relies on economic incentives to discourage non-essential vehicle use during peak hours, thereby improving traffic flow, reducing emissions, and enhancing public transportation efficiency.
The implementation of congestion pricing typically involves establishing a geographic boundary, often centered around a city’s
One of the most well-known examples of congestion pricing is the Congestion Charge in London, introduced in
Congestion pricing is often accompanied by complementary measures, such as expanded public transit options, bike lanes,