Shipping may have set its 2050 ambitions higher than most expected, but the industry is struggling with its decarbonisation schedule. There remains insufficient current and future demand, both in terms of vessels and cargo, to match the supply required. Despite the headline announcements of dual fuel orders for potentially green ships, the orderbook is not where it needs to be and the supply of fuels, finance and policy to support the required acceleration remains, at best, uncertain.
Considering the implications of the targets set by the International Maritime Organization in July and the likelihood of progress at COP28 in December, this timely webinar offers an expert view on the next steps in shipping’s decarbonisation timeline.
Climate Champions team
Dr. Tristan Smith
Associate Professor in Energy and Transport/Director of Consultancy
Ocean and Climate, United Nations Foundation
Senior Solicitor and Regulatory Compliance Expert
The International Maritime Organization has committed to slashing total annual greenhouse gas emissions by at least 50% by 2050, compared with 2008, and it aims to decarbonise the sector fully by the end of the century. The shipping industry is facing up to the challenge, developing new fuels and stronger, environmentally-friendly practices. But with tighter rules and regulations on both a regional and global level to contend with, agreement on the best approach is not easy.
Stay well-informed of the constantly changing industry and what it means to businesses and markets with curated news, commentary and analysis in the form of daily news articles and briefings, weekly and monthly digests, monthly magazine, podcasts, webinars, and market outlook reports.
You will receive a confirmation email with access details