Global Call to Accelerate Green Hydrogen Adoption in Shipping Sector
Key Ideas
  • Over 50 stakeholders in the shipping industry sign a Call to Action at the UN Climate Change Conference to promote the adoption of zero-emission fuels like green hydrogen for decarbonization.
  • The push for faster and bolder action includes doubling global green hydrogen production by 2030, requiring at least 5 million mt of green hydrogen uptake in the shipping sector.
  • Key recommendations include bridging the cost gap between fossil fuels and zero-emission fuels, such as e-ammonia and e-methanol, and investing in hydrogen-derived fuel infrastructure at ports.
  • The International Maritime Organization aims to set a global fuel standard and greenhouse gas pricing mechanism by 2025 to achieve net-zero emissions in the maritime sector by 2050, aligning with the IMO's 2023 GHG Strategy.
The shipping industry is taking significant steps towards decarbonization by accelerating the adoption of zero-emission fuels, including green hydrogen. Over 50 stakeholders across the shipping value chain have signed a Call to Action at the UN Climate Change Conference to push for faster and bolder action in transitioning to zero-emission fuels, investing in zero-emission vessels, and developing green hydrogen infrastructure. To align with a 1.5 C pathway, global green hydrogen production must double by 2030, necessitating the uptake of at least 5 million mt of green hydrogen in the shipping sector. The Call to Action emphasizes the need for coordinated action across the supply chain, investment in hydrogen-derived fuel infrastructure at ports, and bridging the cost gap between fossil fuels and scalable zero-emission fuels. The International Maritime Organization is working towards setting a global fuel standard and greenhouse gas pricing mechanism by 2025 to achieve net-zero emissions in the maritime sector by 2050, in line with its 2023 GHG Strategy. The industry is committed to reducing CO2 emissions per transport work by at least 40% by 2030 and reaching net-zero GHG emissions by around 2050. The Call to Action sets the stage for regulatory developments and investments in green hydrogen infrastructure to propel the shipping sector towards a sustainable and environmentally-friendly future.
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