As carbon emission rules for ships get tougher, it could trigger modal shift
Experts fear the International Maritime Organization’s carbon intensity indicator (CII) regulation will trigger market changes, ...
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By UNCTAD
The maritime industry is highly dependent on fossil fuels, emitting about 1.2 gigatons of carbon dioxide equivalents (CO2e) in 2020, equivalent to about 3% of global greenhouse gas (GHG) emissions.
This is more than the world’s fifth GHG-emitting country; however, given the cross-border nature of the maritime sector, it is not addressed in the national determined contributions (NDCs).
The International Maritime Organization (IMO) has challenged the shipping industry to cut annual GHG emissions by at least half by 2050, compared with 2008. According ...
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