The global shipping industry is already working to to reduce the industry's CO2 emissions, says global organization International Chamber of Shipping (ICS). When the UN meets in Paris to reach a global climate agreement, shipping and aviation will play a bigger role on the agenda than before, and the facts need to be made clear before then, notes the ICS.

According to the organization, the global shipping industry has reduced its CO2 emissions by more than 10 percent since 2007, while trade on the oceans has increased. Today, shipping is responsible for 2.2 percent of the world’s total emissions of CO2, compared to 2.8 percent in 2007, says ICS.