“A fair and just transition”


UNCTAD says that full decarbonisation could increase fuel expenses by 70-100 per cent – with a disproportionate impact on small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport.

To ensure an equitable transition, UNCTAD has called for a universal regulatory framework applicable to all ships, irrespective of their registration flags, ownership or operational areas.

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