UNCTAD calls for a “just and equitable transition” to a decarbonized shipping industry in its Review of Maritime Transport 2023 launched ahead of World Maritime Day (28 September).
It highlights the pressing need for cleaner fuels, digital solutions and an equitable transition to combat rising carbon emissions and regulatory uncertainty in the shipping industry. But this comes with substantial costs covered in this new report.
The shipping industry accounts for over 80% of the world's trade volume and nearly 3% of global greenhouse gas emissions, with emissions escalating by 20% in just a decade.
--------------------------------
About UNCTAD
UNCTAD is the UN trade and development body. It supports developing countries to access the benefits of a globalized economy more fairly and effectively and equips them to deal with the potential drawbacks of greater economic integration.
It provides analysis, facilitates consensus-building and offers technical assistance to help developing countries use trade, investment, finance and technology as vehicles for inclusive and sustainable development.
----------------------------
Journalists with access to the UNCTAD virtual newsroom may download the full text of the study as well as the press release.
Access to the virtual newsroom requires a password. To obtain one, please fill out the online form.
After the lifting of the embargo, documents related to the report will be available on the main UNCTAD website.
For further information or to request interviews with UNCTAD experts, please contact Catherine Huissoud (+41 22 917 5549, +41.79.502.4311 or catherine.huissoud@unctad.org).
----------------------------
