In a world where 80% of the volume of international trade is carried by ship, China has a far bigger role in “greening” global trade than most people realise. The global shipping sector emits more of these gases each year than all but the top five emitting countries, at almost 1 gigatons of CO2 equivalent. Getting these emissions under control had eluded governments for more than 20 years, after the 1997 Kyoto protocol tasked them with working through the IMO to do so. China’s support was crucial to the adoption of the UN International Maritime Organisation’s (IMO) landmark deal to at least halve the global shipping sector’s greenhouse gas emissions by 2050, signed in April last year by more than 100 IMO member states.
Source: China Dialogue Ocean - https://chinadialogueocean.net/8170-china-uniquely-placed-to-green-shipping/