The maritime industry, often seen as a major contributor to pollution, is under increasing pressure to adopt sustainable practices.
Learn how IFC and DBS Bank are bridging the global trade finance gap and supporting trade financing in emerging markets.
Currently responsible for 3% of global greenhouse gas emissions, maritime transport must decarbonise whilst facing extensive costs and adverse economic operating environments, as well as increasing geopolitical risks.
Surety carriers have a unique opportunity to support the green transition, grow emerging industries, and promote sustainable financing practices. However, challenges must be addressed.
Carbon Neutral Royalty Ltd. (CNR), a permanent capital vehicle with a mission to accelerate climate and biodiversity action by financing and supporting high-integrity decarbonisation projects, is pleased to announce that… read more →
The International Chamber of Commerce (ICC), a global business organisation, has a central mission to promote international trade and investment as vehicles for inclusive growth and prosperity. ICC helps businesses adapt to the challenges of trading in today’s fast-paced global economy.
Cargo transportation is enjoying rapid growth due to increased globalisation and online ordering. The shipping industry accounts for a vast percentage of global trade, so finding ways to make it more sustainable is crucial.
If you read the international shipping media during the final quarter of 2022, you would be forgiven for thinking that it’s “Game Over” for international trade.
Global shipping is one of the most challenging sectors to decarbonise. The International Maritime Organization (IMO) has set out an ambitious goal to reduce the industry’s greenhouse gas emissions by 50% from 2008 levels by 2050, a target that will require the swift development of zero or low-emission fuels, new ship designs using cleaner technology, and climate-proof operations such as carbon efficiency optimisation initiatives.
TFG spoke to the acting head of the Berne Union to find out what he believes they can do to affect wider issues like climate change.
In the commodities super cycle that has emerged out of the COVID-19 pandemic, few resources have seen as much volatility as liquified natural gas (LNG).
For the Maritime and Port Authority of Singapore (MPA), the establishment of the Global Centre for Maritime Decarbonisation in August this year was yet another milestone in enhancing Singapore’s status as an international shipping hub.