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According to the MIT Climate Portal, freight transportation currently represents approximately 8% of global CO2 emissions. Its reduction is therefore a critical element in achieving the global climate goal of net-zero greenhouse gas emissions by 2050. To lower freight’s percentage of emissions and work toward fully decarbonizing freight transport by 2050, the Smart Freight Centre, a global non-profit organization dedicated to sustainable freight transport, together with the World Economic Forum and BSR, recently announced the establishment of the Sustainable Freight Buyers Alliance (SFBA).

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