World Bank says maritime carbon tax could raise up to $3.7 trillion to decarbonise sector, modernise ports

Published 23:44 on June 16, 2023  /  Last updated at 02:08 on June 17, 2023  /  Africa, Americas, Asia Pacific, Carbon Taxes, China, EMEA, EU ETS, International, Japan, Middle East, Other APAC, Shipping, South & Central, US

Ahead of a key meeting, the World Bank has outlined how introducing a carbon tax on international shipping could raise up to $3.7 trillion through 2050 to finance the decarbonisation of the sector.
Ahead of a key meeting, the World Bank has outlined how introducing a carbon tax on international shipping could raise up to $3.7 trillion through 2050 to finance the decarbonisation of the sector.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.