16 March 2022
Why It Matters: Launch of Coastal Sustainability Alliance (CSA) to build Singapore's next-generation maritime ecosystem
Shipping accounts for 90 percent of all global trade and 3 percent of global greenhouse gas (GHG) emissions. And without an acceleration in sustainability efforts, industry GHG emissions could grow by 50 percent from 2008 levels by 2050. Tan Thai Yong, Chief Executive Officer, PaxOcean & Chairperson, CSA Council shares the struggles faced by the maritime industry when moving towards sustainability and what CSA is doing to ensure Singapore’s maritime industry can go green seamlessly.

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