ENERGY TRANSITION: Shipping supply chain calls for governments to help sector decarbonize

A group including Anglo American, BHP, Rio Tinto and Trafigura has called on governments to work together with the private sector to deliver the policies and investments needed to decarbonize the shipping industry.

The call to action was signed by more than 150 industry leaders and organizations representing the entire maritime value chain, including shipping, cargo, energy, finance, ports and infrastructure.
The group asked governments to commit to decarbonizing international shipping by 2050, to support industrial-scale zero-carbon-emissions shipping projects through national action, and to deliver policy measures that will make zero-emissions shipping the default choice by 2030.
Ships transport around 80% of global trade and account for about 3% of global greenhouse gas (GHG) emissions.
In 2018, the United Nations’ International Maritime Organization (IMO) adopted an initial GHG strategy intended to reduce international shipping’s total annual GHG emissions by at least 50% of 2008 levels by 2050.

This was to be achieved through...

Published

Andrea Hotter

September 22, 2021

17:20 GMT

New York