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Sustainable Ship Loans Set Sail

We cannot overstate how crucial oceans are to sustaining human life. They produce over half of the world's oxygen and absorb 50 times more carbon dioxide than our atmosphere. The maritime shipping sector, however, generates around 2.5 percent of global greenhouse gas emissions, and climate change is causing ocean acidification, killing coral reefs, and lowering ocean oxygen levels. Decarbonizing shipping is deeply linked to preserving our oceans.

Mission Possible Partnership: Joining Forces to Decarbonize Heavy Industry

The financial sector faces a challenge: institutions that want to decarbonize their portfolios can’t always do so at scale while the world continues to rely on carbon-intensive heavy industry. In turn, industrial corporations are reticent to make changes to their operating model for fear of jeopardizing vital sources of investment…

How China Can Achieve Carbon-Neutral Transport by 2060

Since 2015, China has been actively implementing its commitment to peak carbon emissions by 2030 in line with its nationally determined contribution under the Paris Agreement. And the recently announced 2060 carbon neutrality goal has set higher requirements for different sectors in terms of carbon reduction approaches. RMI estimates that…

Technology Disruption in the Global Steel Industry

A recent announcement by Europe’s largest iron ore producer, LKAB, may seem like a technical detail only relevant for metallurgists and steel nerds. However, the company’s plan to invest up to 400 billion kronor (US$46 billion) over the next 15–20 years to expand into an emissions-free iron process being piloted…

The Low-Carbon Jet Fuel Market Is Cleared for Take-Off

Aviation is essential. It connects cultures. And prior to 2020, it supported over 65 million jobs, generating almost $3 trillion in global economic activity each year. But by 2050, if the industry returns to pre-2020 levels, aviation industry emissions could grow to 20 percent of the 1.5° C carbon budget.