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“All four are moving quickly, but the big unlocks will come from accelerating technology and fuel cost-downs and major global-level changes in the regulatory environment.” . The current draft notes that EU-listed shipping companies will have 40% of their emissions covered by ETS 2 by 2025, increasing to 70% in 2026 and 100% by 2027.
The projected global revenue from shifting to a circular economy is expected to increase from $339 billion in 2022 to $712 billion in 2026. The global home furnishing company aims to become a circular and climate-positive business by 2030. This isn’t a new observation for IKEA.
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