Industry leaders urge full decarbonization of international shipping by 2050

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In a latest initiative of the Global Maritime Forum’s Getting to Zero Coalition, more than 150 industry leaders, organisations and companies have signed a document calling for decisive government action to enable full decarbonization of international shipping by 2050.

The ‘Call to Action for Shipping Decarbonization’ urges world leaders to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonize global supply chains, it points out, making it “indispensable that governments now deliver the policies that will supercharge the transition and make zero emission shipping the default choice by 2030”.

Signatories to the Call to Action are drawn from the entire maritime supply chain, including shipping, cargo, energy, finance, ports, and infrastructure interests. In conjunction with the UN General Assembly and ahead of critical climate negotiations at COP26 in Glasgow this November, they call on world leaders to:
• Commit to decarbonizing international shipping by 2050 and deliver a clear and equitable implementation plan to achieve this when adopting the IMO GHG Strategy in 2023.
• Support industrial scale zero emission shipping projects through national action, for instance by setting clear decarbonization targets for domestic shipping and by providing incentives and support to first movers and broader deployment of zero emissions fuels and vessels.
• Deliver policy measures that will make zero emission shipping the default choice by 2030, including meaningful market-based measures, taking effect by 2025 that can support the commercial deployment of zero emission vessels and fuels in international shipping.

For more information about the Call to Action for Shipping Decarbonization and a full list of its Signatories, please visit:
https://www.globalmaritimeforum.org/getting-to-zero-coalition/call-to-action

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