Financing a green shipping sector

World Ocean Initiative, The Economist Group Shipping & Ports

Financing a green shipping sector
Christ Pagan

Shipping is essential for global trade. Yet the same industry that transports 90% of traded goods is also responsible for around 2.9% of global greenhouse-gas emissions (GHGs). Shipping’s GHG emissions are projected to increase from about 90% of 2008 emissions in 2018 to 90-130% of 2008 emissions by 2050, according to the International Maritime Organization (IMO).

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