According to RMI analysis, the G20 nations can drastically reduce global Greenhouse Gas (GHG) emissions by transforming the logistics sector.
The G20 nations house two-thirds of the global population and are responsible for over three-quarters of international trade and GDP.
The G20 nations can enable transformation of the supply chain in the logistics sector, which plays a pivotal role in economic development. However, it is also a significant contributor to environmental challenges like carbon emissions, resource depletion, and air pollution. Recognizing the need for transformation, RMI (founded as the Rocky Mountain Institute) released a report on Transforming the Logistics Sector Across G20 Nations.
Akshima Ghate, who leads RMI’s India Program, shared that the report offers potential solutions to facilitate the supply chain. These include Zero-Emissions Trucking Corridors to scale ZET deployment. Logistics Parks can potentially serve as centralized hubs for all logistics activities, In addition to these solutions, the report features 17 more solutions with global examples that can serve as important learnings for G20 nations to contextualize and adapt.
Decarbonizing the logistics sector is important as it falls under the sizeable global CO2 emissions category. Logistics players must select the most appropriate solutions for their specific requirements. The need of the hour is a collaborative, multi-stakeholder approach to solution design. And the nations can promote sustainable logistics through policy initiatives, infrastructure development, and financial investments.