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Time isn't on the side of those who hope to prevent the projection by the Pew Charitable Trusts that plastic waste flows into the oceans will double in the next 20 years. Already, if all the world's plastic waste could be shaped into a plastic shopping bag, all of Earth would fit inside of it, noted Morgan Stanley CMO and CSO Audrey Choi. "I
By: Hakan Bulgurlu – Chief Executive Officer, Beko Melting glaciers and ice sheets have been making headlines globally often for all the wrong reasons. They are increasingly viewed as assets: faster Arctic shipping lanes, access to untapped mineral resources, and far-reaching geopolitical ambitions. Individual choices matter.
Trade is the globaleconomy's lifeblood, with maritime transport at its core. But the carbon footprint of port operations and shipping is substantial, with shipping accounting for nearly 3% of global greenhouse gas emissions , according to the Organisation for Economic Co-operation and Development (OECD).
The globaleconomy relies on air cargo,” notes Nehal Gautam in The STAT Trade Times, but “the relentless growth comes at a steep price.” One step forward is the introduction of sustainable aviation fuels (SAF), which are biofuels coming from such sources as plant oils and waste materials. What to do?
The Green Marine environmental program addresses several environmental priority issues through its 14 performance indicators, including air emissions, greenhouse gases, spill prevention, waste management, and community relations.
Products have a lifecycle that starts before they’re made and goes beyond their use – including what they’re made of and how they’re manufactured, shipped and eventually disposed of. Many companies talk about how the “circular economy” can reduce environmental impact – but what does that mean, in general and in practice?
recycling facilities and send more waste to landfills. Global recycling markets are easily prone to disruption, and developed countries have underinvested in recycling infrastructure for years. Waste Dive, the must-read daily bulletin of waste-related news, named the initiative “Disruptor of the Year.” Geyer et al.,
Designed for high-efficiency intermodal transfers, the facility significantly reduces overall transit durations by swiftly moving containers between ships and rail. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.
Originally published in Sustainable Brands Whether making a widget or a culinary treat, prioritizing a circular life cycle for products helps keep them out of waste streams until they are negligible — or better yet, they never land there. But food waste has enormous benefits for the planet, if recycled correctly.
Founded in 2006, New York-based GIP is the world’s largest independent infrastructure manager with over $100 billion in assets under management across infrastructure equity and credit strategies, targeting investments in the energy, transportation, digital, and water and waste sectors.
Entered a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center) in 2022, whereby DP World committed to long-term strategic collaboration and contribution to the development of zero carbon technologies and solutions for the maritime industry.
Then, he gets specific about how capitalism makes the world better – brings inventions to scale for mass consumption: Engineers and scientists are working around the clock on how to decarbonize cement, steel and plastics; shipping, trucking and aviation; agriculture, energy and construction.
The Port of Vancouvers EcoAction Program offers shipping lines up to a 75% discount on harbor dues for utilizing shore power, she explains. Companies that integrate sustainability into their supply chain DNA will be best positioned to navigate the complexities of a rapidly evolving globaleconomy.
times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Financial organisations thus have a major role to play in the decarbonisation of the globaleconomy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 trillion USD in fossil fuels.
When we discuss scale, we cannot afford to ignore the millions of small and medium sized businesses – or SMEs – that drive globaleconomies and create the fabric of local communities. There is no more time to waste in the global effort to tackle climate change. It’s time to get started.
A problem that many people are not aware of is the fact that shipping natural gas over long distances as LNG is very expensive. A calculation I saw a few years ago indicated that when LNG was shipped from the US to Europe, adding shipping costs roughly tripled the cost of the natural gas. Pipelines are needed at both ends.
And at the same time, it has never been more possible to make a radical shift: to harness the engine of business to put our economy in service of people and the planet. It is a tall order, but there’s no reason why we could not right this ship by the end of this decade. Money and solutions are not the barrier; we have them.
For example, the Mission Possible Partnership gets leading heavy-industry companies, banks and governments to create investment-grade “net-zero” sector strategies in seven key areas of the globaleconomy — aviation, shipping, trucks, chemicals, steel aluminum and cement.
This interview with Joan Martinez Alier and Federico Demaria, from the research team of the Environmental Science and Technology Institute (ICTA) of the Autonomous University of Barcelona (UAB) explains how a global movement for environmental justice has risen. They also make the connection with the globaleconomy and the need for degrowth.
Ports are more than shipping containers, cranes, and bustling waterfronts; they are hubs that support global development. At DP World, one of the worlds largest logistics companies, ports and terminals support the connectivity between local production and global markets.
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