Peninsula announces it has
signed the Global Maritime Forum’s Call to Action for Shipping Decarbonization.
Bunker Supply | Signatories of the
Call to Action for Shipping Decarbonization urge world leaders to align
shipping with the Paris Agreement temperature goal. The private sector is
already taking important steps to decarbonize global supply chains. Now
governments must deliver the policies that will supercharge the transition and
make zero emission shipping the default choice by 2030.
Full decarbonization of
international shipping is urgent and achievable. This is the clear message from
more than 150 industry leaders and organizations representing the entire
maritime value chain, including shipping, cargo, energy, finance, ports, and
infrastructure. In conjunction with the UN General Assembly and ahead of
critical climate negotiations at COP26 in Glasgow this November, they call on
governments to work together with industry to deliver the policies and
investments needed to reach critical tipping points in decarbonizing global
supply chains and the global economy.
Signatories to the Call to
Action for Shipping Decarbonization include some of the world’s largest actors
in global trade: Anglo American, A.P. Moller – Maersk, BHP, BP, BW LPG, Cargill
Ocean Transportation, Carnival Corporation, Citi, Daewoo Shipbuilding &
Marine Engineering, ENGIE, Euronav, GasLog, Hapag-Lloyd, Lloyd’s Register,
Mitsui O.S.K. Lines, MSC Mediterranean Shipping Company, Ocean Network Express,
Olympic Shipping and Management, Panama Canal Authority, Port of Rotterdam, Rio
Tinto, Shell, Ultranav, Volvo, and Yara.
Ships transport around 80%
of global trade and account for about 3% of global greenhouse gas (GHG)
emissions. In 2018, the UN’s International Maritime Organization (IMO) adopted
an initial GHG strategy. It aims to reduce international shipping’s total
annual GHG emissions by at least 50% of 2008 levels by 2050. The strategy is
set to be revised in 2023.
The private sector is
already taking concrete actions to decarbonize shipping. This includes
investing in R&D and pilot projects, ordering and building vessels operated
carbon neutrally, buying zero emission shipping services, investing in the
production of net-zero emission fuels, investing in port and bunkering
infrastructure, and assessing and disclosing the climate alignment of shipping
related activities.
Signatories of the Call to
Action for Shipping Decarbonization 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.
The Call to Action for Shipping Decarbonization has been
developed by a multi-stakeholder taskforce convened by the Getting to Zero
Coalition – a partnership between the Global Maritime Forum, the World Economic
Forum, and Friends of Ocean Action.
Learn more about the Call to Action for Shipping Decarbonization
and see the full list of Signatories here.
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