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Sea Change: Port infrastructure, climate risks and the future of global trade
Dr. Sarah Kapnick, J.P. Morgan Shipping & Ports
Ports are vital to the global supply chain, moving over 80% of goods by volume. However, they face growing risks from rising sea levels, frequent natural hazards, and shifting trade dynamics, requiring strategic investment. With maritime trade set to double by 2050, ports must expand and enhance efficiency to manage increased volumes and mitigate climate-related risks to both infrastructure and economic stability.
Resilient infrastructure investment is crucial, with a cumulative $223-768 billion needed by 2050 for sea-level rise adaptation. Ports must also address decarbonization, geopolitical uncertainties, and new Arctic trade routes, demanding flexible design and planning.
Read the full report here.
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