Public Comment Period For Smart Freight Centre Framework to incentivize freight transportation greenhouse gas emission reduction activities
Amsterdam, 19 May - Today, Smart Freight Centre launches a draft framework to help companies incentivize greenhouse gas emission reduction activities across freight transportation supply chains.
We invite stakeholders to review this draft document and provide their comments on the framework to Smart Freight Centre. Smart Freight Centre is seeking input from a broad range of reviewers as we work to establish a universally accepted approach to accounting for freight emission reductions and sharing freight emission costs through a book and claim chain of custody system.
Freight transportation and logistics activities are the source of approximately 10% of global greenhouse gas emissions, with these freight emissions projected to rise significantly unless emission reduction activities are implemented. While freight transportation greenhouse gas emission reductions are urgently needed, the structure of freight transportation networks, the way freight transportation services are contracted, and the energy density requirements for heavy freight transportation make decarbonizing freight particularly difficult.
Some of the challenges to freight transportation decarbonization can be addressed through the sharing of freight greenhouse gas emission abatement costs across shippers, forwarders, carriers, and providers of low-emissions transportation solutions. There is significant demand for a universally accepted framework to enable this kind of cost-sharing. In 2021, Smart Freight Centre partnered with World Economic Forum and several multinational companies to develop such a framework.
About Smart Freight Centre
Smart Freight Centre (SFC) is an international non-profit organization focused on reducing the emission impacts of global freight transportation. SFC’s goal is to guide the global logistics industry to track and reduce its GHG emissions by 1 billion tonnes by 2030 and reach zero emissions by 2050 or earlier.
Visit www.smartfreightcentre.org or follow us on LinkedIn or Twitter to find out more.