The Coalition led by Global Maritime Forum, the World Economic Forum and the Friends of Ocean Action, launched at the UN Climate Actions Summit in New York City today (23rd September) has triggered a real interest not only from the maritime and fuel value chains but also from governments and IGOs/NGOs. To date, 74 organizations have joined the Getting to Zero Coalition and 10 countries across 5 continents have endorsed it.
This coalition shows that industry across the value chain and other stakeholders are ready to work together with the shipping sector proactively to make commercially viable zero emission vessels a reality by 2030, which UMAS and Lloyds Register in their Zero Emission 2030 series have advocated over the last 3 years.
As knowledge partners to the coalition, UMAS provided significant technical input in to the Getting to Zero Coalition’s note on defining zero carbon energy sources.
Dr Tristan Smith, Founding director of UMAS and Associate Professor at the UCL Energy Institute said: “Scalable “true” zero solutions are needed for shipping from 2030. True zero means zero emission at point of use and in production, which for shipping currently looks most likely to hydrogen – probably stored as ammonia. This commitment from a broad global coalition of corporates and governments to focus on this major shift in the global energy system and necessary change to global shipping, is an excellent complement to the ongoing IMO policy process”
The ambition of the Getting to Zero Coalition is closely aligned with the UN International Maritime Organization’s Initial GHG Strategy. The strategy prescribes that international shipping must reduce its total annual greenhouse gas emissions by at least 50% of 2008 levels by 2050, whilst pursuing efforts towards phasing them out as soon as possible in this century. This will ultimately align greenhouse gas emissions from international shipping with the Paris Agreement.
The Coalition shows that shipping can accelerate the broader energy transition and bring substantial development gains. The Getting to Zero Coalition may prove to be a catalyst for the broader energy transition if international shipping becomes a reliable source of demand for zero emission fuels. This can increase confidence among suppliers and translate into an increased supply of feasible zero emission fuels and thus be an important point of leverage for change across other hard-to-abate sectors.
For more information visit the GMF website