Shipping market review: diverging trends across global shipping sectors
December 19, 2025
This study demonstrates that the ETS has limited negative impact on Small Island Developing States (SIDS) and Least Developed Countries (LDCs) and could in fact be a net gain to those countries if the EU extends its carbon pricing mechanism to all ships calling at European ports, then distributes the extra revenues in the form of climate finance. Source: T&E
