Can We Achieve Full Decarbonization By 2050?

59

Close to 100 representatives from across the maritime value chain convened in Copenhagen for the Getting to Zero Coalition’s annual working session. The gathering took take place with the objective of turning the ambition of a full decarbonization of the maritime sector by 2050 into a concrete and actionable plan, reports Safety4sea.

The Workshop

During the Getting to Zero Coalition Workshop, participating Coalition members collaborated on detailing out an action plan to make the full decarbonization of shipping concrete and tangible.

  • Technology on land and on board;
  • Mobilizing demand;
  • Financing;
  • Policy.

“Since the Coalition’s establishment in 2019, we have come a long way together on our journey to decarbonize international shipping. During this workshop, it was clear that the members of the Coalition want to go further and faster. The action plan that we developed together details out the steps we need to take collectively to reach our shared goal”.

Breaking down the process

In addition, to explore and determine what the maritime sector must do in the short and medium term to accelerate shipping decarbonization, workshop participants collaborated in working groups on breaking down the Getting to Zero Coalition’s “Strategy for the Transition to Zero-Emission Shipping” into concrete actions.

“The transition to full decarbonization by 2050 is possible, but countries and companies with potential to support and deploy zero-emission shipping this decade must increase engagement though more ambitious and concrete steps. Now is the time for bold action. Those facing higher barriers must rapidly adapt and prepare for the upcoming transition,” says Domagoj Baresic, Research Associate, University College London (UCL).

Moreover, the workshop marked the Coalition’s alignment with that of the Call to Action that was launched by the Getting to Zero Coalition in 2021, aiming for full decarbonization of shipping by 2050.

To reach that target, the development of industrial scale zero-emission shipping projects and the adoption of policy measures to support the commercial deployment of zeroemission vessels and fuels are needed, making ordering of zero-emission vessels the default choice by 2030.

Decarbonizing shipping is critical and increasingly urgent to achieving net zero global emissions. With industry alignment on the Call to Action for Shipping Decarbonization, the Getting to Zero Coalition adds further motivation for governments to empower the industry by sending a clear signal committing to full decarbonization
concluded Keith Dawe, Decarbonisation and Energy Transition Lead, Cargill Ocean Transportation.

Namely, the Shaping the Future of Shipping Summit convened to address shipping’s decarbonisation agenda. CEOs and officials agreed to develop a public/private cross-sectoral platform to take forward the development of clean fuels for shipping and global transport.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Safety4sea

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.