Articles by TRAFIGURA

Charting a Course to a Greener Future for Shipping: Low-Emission Shipping Fuels and the Development Opportunity for the Global South

Shipping is an important industry that plays a significant role in global trade and economic growth, but it is also responsible for 3% of all global greenhouse gas emissions. The industry’s current goal of reducing total annual GHG emissions by least 50% by 2050 compared to the 2008 baseline, is not ambitious enough to meet the immense climate challenge we…