A structured process by which port authorities, cold chain logistics providers, and shipping lines enter into binding agreements to quantify, reduce, and trade surplus greenhouse gas emissions reductions as carbon credits, specifically arising from refrigerated transport operations at port facilities.
Source: https://www.imo.org/en/OurWork/Environment/Pages/Greenhouse-Gas-Emissions.aspx
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.