How would a global carbon fund work and who pays?

After the collapse of a landmark deal, with opposition from both the US and Saudi Arabia, we hear from those in the industry.

What's next for a sector responsible for 3% of global emissions?

We also find out what it means for shipping's path to net zero. And ask whether technology and innovation are the answer.

Presenter: Will Bain Producer: David Cann

(Image: A cargo ship loaded with foreign trade containers heads towards Qingdao Port in Qingdao City, Shandong Province, China, on 5 November 2025. Credit: Getty Images)