Maritime transport is the lifeblood of the global economy, carrying over 80% of the world's trade volume. This vital sector also contributes to nearly 3% of global greenhouse gas emissions. As sea-borne trade has grown, emissions have grown, too, by 20% in just the past decade. “We need bold global action to decarbonize shipping. To ensure a just and fair transition, we must engage with all stakeholders in the shipping industry. We call for a multilateral regulatory framework applicable to all s