Environmental Impacts of Trade
Previously: Socio-Economic Impacts of Trade
Since 1950, world trade has grown more than twenty-seven folds in volume terms.
The growth in global trade has risen the global CO2 emissions due to transportation. Transportation accounts for 16% of global emissions, of which freight transportation accounts for close to half (8% of global emissions). This includes road, shipping, aviation, rail, and pipeline.
Emissions from Global Trade and Transportation
As per the International Energy Agency (IEA), the total CO2 emissions from transportation in 2000 was 5.8 gigatonnes, which has increased by over 40% in 2019 to 8.2 gigatonnes. The increased emissions