Emissions from shipping could grow by 250% by 2050 if no action is taken.
Halving shipping’s emissions by 2050 could require $1.4 trillion in investment.
But the scale of this challenge could be big
enough to spur decarbonization across other sectors, too.
The restructuring of global supply chains has caused a collapse in the Far East. Experts believe that the problem will not be resolved quickly and consumers will face shortages of goods and price rises.