New OECD report reviews pathways to zero-carbon ocean shipping

According to a new report published by the International Transport Forum (ITF) at the Organisation for Economic Co-operation and Development (OECD), deployment of all currently known technologies could make it possible to almost completely decarbonise maritime shipping by 2035.

Four different decarbonisation pathways examined for the study would reduce international shipping’s CO2 emissions between 82% and 95% below the level currently projected for 2035. This reduction equals the annual emissions of 185 coal-fired power plants.

The report recommends to:

• set a clear, ambitious emissions-reduction target to drive decarbonisation of maritime transport;
• support the realisation of emissions-reduction targets with a comprehensive set of policy measures; and
• provide smart financial incentives to advance decarbonisation of maritime shipping.

“Certainty about the desirable decarbonisation pathway for shipping will help drive change”, said Olaf Merk, ports and shipping expert at ITF. “Clear guidance from governments is therefore essential to accelerate the transition towards zero-carbon shipping.”

The work for the report was carried out with support from the European Climate Foundation.

Link: “Decarbonising Maritime Transport: Pathways to zero carbon-shipping by 2035

Source: ITF

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