Reducing the levels of greenhouse gas emissions from international logistics is seen as an urgent priority by many national governments, as well as by most carriers and service providers in the logistics industry.
International regulatory agencies are setting ambitious reduction targets for each transport mode to help reach the goals set by the climate change treaties that is requiring shipping lines and airlines to report progress in emissions reduction and fund research into low- or zero-carbon alternatives.
Shareholders and investors are placing greater emphasis on carriers plans for decarbonisation and backing innovations and new methods of operation.
The search for alternative fuels and propulsion technologies is underway but as yet there are no obvious replacements for marine bunker fuel or aviation jet fuel that can be produced at scale, are available around the world, and produced carbon-free at comparable costs.
Shippers too are needing to measure and reduce the carbon footprint of their logistics operations as part of their own response to climate change legislation and the expectations of their customers, staff and shareholders.
Will manufacturing be brought back closer to consumers? Will everything just become more expensive to transport with supply and demand adjusting accordingly?
GSF is monitoring the development of new regulatory measures and ensuring shippers’ interests and objectives are understood and acted upon.
Understanding the timing and impacts of new regulations will be vital in planning the future sourcing and distribution of goods.
Join GSF to stay ahead on the impact of climate change on international logistics.