Tag: decarbonise
Billions Needed to Decarbonize Shipping Industry by 2050
The United Nations Conference on Trade and Development (UNCTAD) has issued a stark warning, stating that an additional $8 billion to $28 billion annually will be required to decarbonize the global shipping sector by 2050. Furthermore, substantial investments ranging from $28 billion to $90 billion annually will be necessary to develop infrastructure for 100% carbon-neutral fuels by the same deadline.
