At COP29 in Baku, Fortescue and other global shipping industry leaders signed a landmark agreement to push for more action on zero-emission fuel standards and investments in international shipping. The agreement, titled 'Green Hydrogen and Green Shipping: Amplifying the Power of Hydrogen in a Just and Equitable Transition,' was orchestrated by the UN Climate Change High-Level Champions Team under the leadership of Nigar Aparadarai. With over 50 signatories from various maritime sectors, the agreement aims to make a significant impact at COP29 and beyond. The agreement comes at a crucial time as the International Maritime Organization (IMO) is approaching a decision on a game-changing regulatory change for the shipping industry next April. The focus will be on implementing a global fuel standard to regulate greenhouse gas emissions intensity and establish a carbon pricing mechanism. The Call to Action from COP29 commits global shipping leaders to prioritize investments in hydrogen-derived fuels that drastically reduce emissions and transition costs, with a target of achieving full decarbonization by using at least 5% to potentially up to 10% of energy from zero or near-zero emissions technologies by 2030. Dr. Andrew Forrest emphasized the significance of a zero-emissions fuel standard coupled with a carbon levy to drive decarbonization in shipping. Fortescue's commitment to eliminating transition fuels and advocating for real maritime decarbonization solutions was highlighted, showcasing the company's dedication to sustainable practices. The Call to Action symbolizes a united global effort towards sustainable and equitable shipping for the future.