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Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating. To achieve 1.5
According to a report by the London-based NGO Global Witness, 503 fossil fuel lobbyists attended the COP26 meeting in Glasgow in 2021. They call into question the legitimacy of the entire conference, says Harjeet Singh, a climate activist who has been attending COP meetings since 2008. In 2008, Article 5.3
The shipping industry’s green transition will be stuck in the slow lane without incentives and rules to drive more private investment to diverse innovations, COP28 heard yesterday. Governments also announced plans to collaborate on green shipping corridors, including Singapore and Australia , the US and UK , and Portugal and Brazil.
It’s an industry you can’t put on the internet; we will need shipping in the years to come, which means we have to ensure it is sustainable in the long term,” says Stephen Fewster, Global Head of Shipping Finance at Amsterdam-headquartered ING Bank. . Hydrogen has very low density, making it difficult to store on large ships.
The COP26 climate conference in Glasgow highlighted the insufficiency of the greenhouse gas emissions (GHG) reductions promised by the world’s nations in their nationally determined contributions (NDCs). These include power generators, shipping and heavy transport vehicles such as buses. Background.
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