Moeve, a prominent energy company in Spain, has recently announced its membership in the First Movers Coalition (FMC), a global initiative launched by the World Economic Forum and former U.S. Special Presidential Envoy for Climate, John Kerry. This membership signifies Moeve's dedication to advancing innovative low-carbon technologies to achieve net zero emissions by 2050. The coalition, focusing on sectors like aviation, shipping, trucking, and steel, aims to drive demand and supply for zero-emission solutions by 2030. As part of this initiative, Moeve has committed to having at least 5% of its deep-sea shipping fleet powered by zero-emission fuels by 2030 and reducing CO2 emissions substantially. This commitment is in line with Moeve's strategy to provide green hydrogen and second-generation biofuels to industries such as shipping and aviation, aiming to achieve net zero emissions by 2050. By dedicating a significant portion of its investments to sustainable activities, Moeve is determined to generate more than half of its EBITDA from such activities by 2030. Maarten Wetselaar, the CEO of Moeve, emphasized the company's commitment to becoming a leading provider of green molecules and playing a crucial role in decarbonizing heavy-emitting sectors. The World Economic Forum's President and CEO, Børge Brende, praised Moeve's involvement in FMC and highlighted the company's expertise in scaling solutions like green hydrogen essential for decarbonizing industrial sectors.