The maritime transport is at a pivotal moment facing not only immediate concerns resulting from the pandemic, but also long-term shifts in supply-chain design, changes in consumption and a heightened global sustainability and low-carbon agenda.
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.