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Urgent action required as shipping industry falls behind climate goals

Urgent action required as new data shows the shipping industry fell behind minimum international climate goals by 17% on average in 2023 – a shortfall of 165 million metric tonnes of CO2e. Geopolitical developments, limited green fuel options and lack of infrastructure revealed as barriers to progress. Signs of positive change as transparency on emissions and industry collaboration increase to record levels and higher ambitions are embraced, pushing the industry towards faster decarbonisation.

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