Getting to Zero Coalition pulls four levers for changeGetting to Zero Coalition pulls four levers for change

The coalition said its members focussed on four change levers for maritime decarbonisation: technology on land and on board, mobilizing demand, financing, and policy. The aim was to turn the coalition’s Strategy for the Transition to Zero-Emission Shipping into actions.

Johannah Christensen, CEO of the Global Maritime Forum, said: “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.”

To reach its ambition of net zero emissions shipping by 2050, the coalition said the industry would need to develop industrial scale zero-emission shipping projects with the adoption of policy measures that support the commercial deployment of zero emissions technologies, vessels and fuels and fuels are needed. The aim is to make the ordering of zero-emission vessels the default choice by 2030, it said.

“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).

Related:Immediate action needed to meet net zero targets: DNV

Keith Dawe, Decarbonisation and Energy Transition Lead, Cargill Ocean Transportation, said: “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.”

The Getting to Zero Coalition is a partnership between the Global Maritime Forum and World Economic Forum formed in 2019 and counts over 200 members.

Margi Van Gogh, Head of Supply Chain & Transport Industries at The World Economic Forum, said: “Maritime decarbonization is integral to the achievement of sustainable global supply systems. The Getting to Zero Coalition has demonstrated the importance of leadership and sectoral collaboration, while raising the ambition for sustainable shipping and working towards zero-emission targets focused on just and equitable outcomes.”