World Bank adds weight to $3.7trn carbon levy as crunch IMO carbon talks near

Report details how carbon price trillion-dollar fund could be distributed to cut emissions and support climate aims

Newly appointed World Bank president Ajay Banga can add shipping industry decarbonisation to his in-tray. — Newly appointed World Bank president Ajay Banga can add shipping industry decarbonisation to his in-tray.Photo: Scanpix

Julian Bray

Seoul

Published 16 June 2023, 08:22Updated 19 June 2023, 14:37

World Bank IMO carbon tax Maersk Mc-Kinney Moller Center for Zero Carbon Shipping