IMO's climate targets require investments of at least USD 1 trillion

The shipping industry's goal of halving emissions by 2050 will require investments of at least USD 1 trillion, estimates a new study by Getting to Zero. Only a minor part of the investments pertains to ships.

by CHRISTIAN CARLSEN

Investments of at least USD 1 trillion are needed if the shipping industry is to meet its target to cut emissions in half by 2050, according to a new study by the Getting to Zero Coalition.

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