This report assesses the current literature on how risks and impacts from climate change will affect physical infrastructure important for global trade. The authors focus on three areas – marine transport, land-based transport and air transport – and explore how climate impacts such as sea-level rise, flooding, drought, storms, heat, and water scarcity will affect global trade in the next 25 to 30 years and beyond. The authors also discuss the importance of each area for global trade and provide examples of recent climate-related disruptions in important trade chokepoints, such as the Suez Canal.