Policy to Enable Data Sharing

The rapidly evolving mobility landscape lacks a holistic policy framework around data sharing. Risks and benefits of data sharing are valued differently across geographies and policy approaches also vary. Best practices are not clearly established, especially with regards to value exchange, data governance models and cross-sectoral data sharing. The lack of policy around data sharing in mobility has often caused negative outcomes including monopolization of the data economy, violations of privacy and adverse health and environmental impacts. 

Sharing data could create immense value, contributing to economic development, job creation and strengthening of local innovation and research capabilities. A comprehensive policy framework can support rapid scaling of effective, secure, and ethical data sharing. Businesses hold a valuable perspective on the evolution of technologies and business models that should be incorporated into any policymaking process.  

A sound policy framework is vital to the development and scaling of effective, economically viable, secure, and ethical data sharing models to achieve a more accessible, efficient, safe, and green mobility system. It can align data-sharing initiatives to the achievement of sustainable mobility objectives, ensure appropriate safeguards are in place to protect core public values such as equity, privacy, and security and capture broader economic value by establishing a fair and competitive market that prevents data monopolies and supports innovative organizations of all sizes.