India, 62 countries agree to world's 1st global carbon tax in shipping industry
India and 62 other nations have agreed to a global carbon tax on commercial shipping, a sector responsible for 3% of global emissions and excluded from the Paris Agreement. Starting in 2028, ship owners must adopt cleaner fuels or face fines, with the generated funds dedicated to decarbonizing the shipping industry.
India and 62 other nations have agreed to a global carbon tax on commercial shipping, a sector responsible for 3% of global emissions and excluded from the Paris Agreement. Starting in 2028, ship owners must adopt cleaner fuels or face fines, with the generated funds dedicated to decarbonizing the shipping industry. What's Your Reaction?
FEDA-HQ
The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
