Supply Chain Decarbonization Needs Collaborative Approach
The G20 nations, which represent a substantial portion of the world’s population and global trade, are taking the lead in reducing global greenhouse gas (GHG) emissions by transforming the Supply chain.
A recent analysis by the Rocky Mountain Institute (RMI) suggests that the G20 nations, which represent a substantial portion of the world’s population and global trade, are taking the lead in reducing global greenhouse gas (GHG) emissions by transforming the Supply chain. RMI is a US-based organization dedicated to sustainability research and innovations in energy and resource efficiency.
The logistics sector, crucial for economic development, is also a significant source of environmental challenges, including carbon emissions, resource depletion, and air pollution. Recognizing the need for change, RMI has released a report titled “Transforming the Logistics Sector Across G20 Nations.”
According to Akshima Ghate, head of RMI’s India Program, the report offers potential solutions to enhance the supply chain. These solutions include the development of zero-emission trucking corridors to expand eco-friendly truck deployment and the utilization of logistics parks as central hubs for all logistics activities. Additionally, the report presents 17 more global examples of solutions that G20 nations can learn from and adapt to their specific contexts.
Given that the logistics sector contributes significantly to global CO2 emissions, it’s crucial for logistics players to choose the most suitable solutions for their needs. Collaborative efforts and multi-stakeholder approaches are essential for designing effective solutions. Furthermore, nations can promote sustainable logistics through policy initiatives, infrastructure development, and financial investments.
(Courtesy: WriteCanvas)
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