ITF forecasts worldwide transport activity to more than double by 2050
May, 19, 2021 Posted by Sylvia SchandertWeek 202122
The OECD’s International Transport Forum (ITF) has published its Transport Outlook 2021. The think tank’s report on transport policy was released prior to the virtual annual summit of transport ministers this week.
The ITF forecasts that global transport activity will more than double by 2050, and traffic emissions will rise by 16% compared to 2015 baseline levels – even if existing commitments to decarbonise transport are fully implemented.
Global freight transport activity is also forecast to grow 2.6-fold (measured in tonne-km) – with freight CO2 emissions projected to increase by 22%.
The report notes that transport is at a pivotal moment and that bold action is required to scale-up ready-to-adopt freight decarbonisation measures to both reduce costs and emissions. This will require a range of measures to promote international cooperation as the carbon footprint from transporting goods is as important as that from moving people.
Among key takeaways from the report, there’s a prediction that the role of smaller players in the freight transport market may decrease.
Source: Splash247.com
To read the full original article, access the link below:
https://splash247.com/itf-forecasts-worldwide-transport-activity-to-more-than-double-by-2050/
-
Meat
Dec, 16, 2021
0
ABPA: Total egg exports in 2021 could rise by 52.9% in volume
-
Economy
Apr, 12, 2022
0
The Brazilian trade balance shows a surplus of US$ 3.55 billion in the first two weeks of April
-
Trade Regulations
Feb, 02, 2024
0
Mercosur-EU agreement unlikely in 2024
-
Economy
Dec, 27, 2021
0
Balance surplus rises 22.3% and reaches US$ 60.39 billion in the year