The United Nations Conference on Trade and Development (UNCTAD) and the Maritime and Port Authority of Singapore (MPA) have launched a new partnership aimed at accelerating the shift toward more sustainable, resilient and inclusive global maritime transport.
Ports play a critical role in global trade and economic development, handling more than 80% of worldwide trade volumes. However, they remain highly energy-intensive and heavily dependent on fossil fuels. As the push for decarbonization and modernization intensifies, countries are increasingly challenged to cut emissions while preserving efficiency and competitiveness.
The agreement marks a significant step in UNCTAD’s ongoing collaboration with Singapore, a major global maritime hub and long-standing partner in advancing trade and transport solutions.
“This partnership brings together Singapore’s operational excellence and UNCTAD’s global development expertise,” said Pedro Manuel Moreno, Acting Secretary-General of UNCTAD.
