Decarbonizing Shipping: Getting to Zero Coalition

General

Name of initiative Decarbonizing Shipping: Getting to Zero Coalition
LPAA initiative
NAZCA Initiative Yes
Website address www.globalmaritimeforum.org/getting-to-zero-coalition
Related initiatives
Starting year 2019
End year
Secretariat Global Maritime Forum, Amaliegade 33B, 2nd Floor, 1256 Copenhagen K, Denmark.

Phone:+45 3840 1800, e-mail: info@globalmaritimeforum.org

Organisational structure The Getting to Zero Coalition is a powerful alliance of more than a 100 companies within the maritime, energy, infrastructure and finance sectors, supported by key governments and IGOs.
Geographical coverage Global
Name of lead organisation Getting to Zero Coalition
Type of lead organisation Other intergovernmental organization
Location/Nationality of lead organisation Denmark

Description

Description The adoption in 2018 by the IMO of a strategy to reduce greenhouse gas (GHG) emissions from shipping by at least 50 percent by 2050 as compared to 2008 shipping emissions, whilst pursuing efforts towards phasing them out, set an ambitious target for the maritime industry that can be expected to ultimately align GHG emissions from shipping with the Paris Agreement.

To reduce emissions by at least 50 percent by 2050, zero emission vessels (ZEVs) and by association zero emissions fuels are a requirement, since improvement in energy and operational efficiencies – while critically important – is not enough, especially as trade volumes continue to grow.

Achieving the 2050 target requires immediate action. Ships can be operated for 20 years or more, which means that the ships entering the world fleet around 2030 can be expected to be operational in 2050. Similarly, infrastructure associated with fuel supply chains can have a long economic life of up to 50 years, and reconfiguration to new fuels can be a lengthy process. As a consequence, there is a need to have technically feasible, commercially viable, and safe zero emission deep sea vessels entering the global fleet by 2030, as well as a clear path to provide the large amounts of zero carbon energy sources¹ needed to allow the rapid uptake of ZEVs in the following decades.

Decarbonizing shipping is an integral part of the wider global energy transition and can be leveraged to drive investment in energy projects, for instance in developing and middle-income countries, where low cost zero carbon energy sources derived from abundant untapped renewable resources could bring substantial development gains.

Objectives Coalition member companies from across the maritime, fuels and infrastructure value chains are committed to making the vision of decarbonized shipping a reality by getting commercially viable ZEVs into operation by 2030 along with the associated scalable infrastructure, and we invite our industry peers to join us in this “race to the top” for the future of our industry.

Achieving our ambition, will require commitment, perseverance, innovation and cross industry collaboration as well as the involvement of a wide range of stakeholders from beyond our industries, including from the public sector. We are therefore inviting governments, international organizations, and other stakeholders to work with us to achieve the vision of commercially viable and scalable solutions that enable ZEVs by 2030 and rapid growth of this fleet thereafter. Together we can take a giant leap towards the decarbonized, sustainable and affordable shipping industry needed for our global future.

Activities The ambition of the Getting to Zero Coalition is to have commercially viable ZEVs operating along deep sea trade routes by 2030, supported by the necessary infrastructure for scalable zero-carbon energy sources including production, distribution, storage and bunkering².

The Coalition is defined by this ambition and a set of core principles that all members share. Delivery of these shared objectives will require collaboration and commitment from the broad range of stakeholders that form the Coalition.

Coalition members are: Committed: Collectively, we are committed to the decarbonization of deep-sea shipping and its energy value chains in line with the most ambitious interpretation of the IMO Strategy on reduction of GHG emissions from ships and the latest relevant IPCC climate science. Technology-neutral: We will focus on the zero carbon energy sources that are most likely to be technologically, economically, and politically feasible at scale. Action-oriented: We will play our part to deliver tangible progress towards making deep-sea ZEVs and infrastructure/supply chains commercially viable by 2030 by working together as a coalition, by working in smaller partnerships, and by taking action at a company level, as appropriate. Commercially viable: We will work with other stakeholders including lenders and investors, customers, energy companies as well as government and regulators to put the necessary financial incentives and business models in place to make ZEVs commercially viable and scalable at the global level by 2030. Safe: We will work together to ensure that technologies and energy sources are safely adopted and operated, working with industry associations, regulatory bodies and appropriate stakeholders to ensure that relevant safety guidelines, rules and regulations are drafted, implemented and adopted across the shipping and maritime fuels value chains. Inclusive: We will collaborate with stakeholders including companies, governments, intergovernmental organisations, research institutions and NGOs to ensure that sustainable and inclusive growth of shipping becomes a key component of the work of the coalition and contributes to achieve the Sustainable Development Goals. Open: We will invite all stakeholders, who share our ambition and core principles, to become involved in the work of the coalition and share the findings of the work of the coalition openly.

One or two success stories achieved

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-07.png   E SDG goals icons-individual-rgb-13.png   E SDG goals icons-individual-rgb-14.png   E SDG goals icons-individual-rgb-17.png  
Function of initiative
Activity of initiative
Indicators
Goals The ambition of the Getting to Zero Coalition is to reduce shipping's GHG emissions by at least 50 percent by 2050 as compared to 2008 shipping emissions. To achieve this, commercially viable zero emission vessels operating along deep sea trade routes by 2030 is required, supported by the necessary infrastructure for scalable zero-carbon energy sources including production, distribution, storage and bunkering.
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 150  
Companies 127 A.P. Moller - Maersk (Denmark),ABN AMRO (Netherlands),Agility (Global),Alfa Laval (Denmark),American Bureau of Shipping (USA),ANDRITZ (Austria),Anglo American (USA),Anglo-Eastern (China),Ardmore Shipping Corporation (Ireland),BAE Systems (USA),Berge Bulk (Singapore),BHP Billiton (Australia),BMW (Germany),Bolloré Transport & Logistics (France),Bosch (Austria),Bunge (USA),Bunker Holding (Denmark),Bureau Veritas (France),Caravel Group (China),Cargill Ocean Transport (USA),Carnival Corporation (USA),Cargill (USA),Celsius Shipping (Denmark),Citigroup (USA),ClassNK (Japan),Clean Cargo (Denmark),CMB (Belgium),COFCO International (Switzerland),Columbia Shipmanagement (Cyprus),Companhia de Navegação Norsul (Brazil),CPO Containerschiffreederi (Germany),Daewoo Shipbuilding & Marine Engineering (Republic of Korea),Danfoss (Denmark),Danish Ship Finance (Denmark),Danske Bank (Denmark),DB Schenker (Germany),DFDS (Denmark),DNB (Norway),Dorian LPG (USA),DS Norden (Denmark),Dynacom Tankers Management (USA),Eagle Bulk Shipping (USA),ENGIE (France),Euronav (Belgium),Fednav (Canada),First Ship Lease Trust Management (Singapore),Fleet Management (China),Forward Ships (Greece),Gard (Norway),Gaslog (United Kingdom),Global Ship Lease (United Kingdom),Golden Ocean Management (Norway),Grimaldi Group (Italy),Hafnia Tankers (Denmark),Hamburg Port Authority (Germany),Hempel (Denmark),Honeywell (USA),Hyundai Merchant Marine (Republic of Korea),Höegh LNG (Norway),Inpex Corporation (Japan),J. Lauritzen (Denmark),KBR (USA),KC Maritime (China),K Line (Japan),Kuehne + Nagel (Switzerland),Lloyd's Register (United Kingdom),Lubrizol (United Kingdom),MAN Energy Solutions (Germany),Marine Capital (United Kingdom),Maritime Strategies International (United Kingdom),Masterbulk (Singapore),MISC (Malaysia),Mitsui O.S.K. Lines (Japan),Mitsui & Co (Japan),Maersk Tankers (Denmark),NYK Line (Japan),Norden (Denmark),Ocean Network Express (Japan),Odfjell (Norway),Oldendorff Carriers (Germany),Pacific Basin Shipping (Hong Kong),Petredec (Singapore),Port of Amsterdam (Netherlands),Port of Antwerp (Belgium),Port of Aarhus (Denmark),Port of Dunkirk (France),Port of Kiel (Germany),Port of Rotterdam (Netherlands),Precious Shipping (Thailand),Prime Marine (Greece),Probunkers (Greece),Renewable Hydrogen (Australia),RightShip (Australia),SEACOR Holdings (USA),Sea Traders (USA),Shell (Netherlands),Siemens Gamesa Renewable Energy (Germany),Skuld (Norway)

Snam (Italy),Société Générale (France),Solstad (Norway),Star Bulk Carriers (Marshall Islands),Stephenson Harwood (United Kingdom),Swiss Re (Switzerland),Synergy Group (Singapore),Taylor Maritime (Hong Kong),The China Navigation Company (China),TORM (United Kingdom),Torvald Klaveness (Norway),Trafigura (Switzerland),Tsakos Energy Navigation Ltd (Greece),Tufton Oceanic (United Kingdom),Ultrabulk Shipping (Denmark),Unifeeder (Denmark),Unilever (USA),Yara International (Norway),V.Group (United Kingdom),Vancouver Fraser Port Authority (USA),Vestas (Denmark),Wallenius Wilhelmsen (Norway),Wan Hai Lines (China),World Fuel Services (Global),Wärtsilä (Finland),X-Press Feeders (Singapore),ZIM Integrated Shipping Services (Global),Ørsted (Denmark).

Business organisations 0
Research and educational organisations 3 University College London (United Kingdom),  UMAS (United Kingdom),  Micronesian Center for Sustainable Transport (Marshall Islands).
Non-governmental organisations 5 Environmental Defense Fund (USA),  Korean Register (Republic of Korea),  University Maritime Advisory Services (United Kingdom),  Sustainable Shipping Initiative (United Kingdom),  Energy Transitions Commission (United Kingdom).
National states 14 Belgium,  Chile,  Denmark,  France,  Finland,  Ireland,  Morocco,  New Zealand,  Poland,  Sweden,  Netherlands,  South Korea,  c of Palau,  United Kingdom.
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 1 International Renewable Energy Agency (United Arab Emirates).
Financial Institutions 0
Other members 0
Supporting partners 14 Carbon Trust (United Kingdom),  Cefor (Norway),  CIMAC (Germany),  French Maritime Cluster (France),  Furstenberg Maritime Advisory (Denmark),  Global infrastructure Facility (USA),  International Association of Ports and Harbours (Japan),  Korea Maritime Transportation Safety Authority (Republic of Korea),  Korea Research Institute of Ships and Ocean Engineering (Republic of Korea),  North American Marine Environment Protection Association (USA),  Smart Freight Centre (Netherlands),  UNCTAD (Switzerland),  We Mean Business (Netherlands),  World Bank (USA).
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
Yes No No No No No No No No No Yes Yes No Yes Yes Yes No No No Yes Yes No
Last update: 20 July 2020 13:32:59

Not only have national states as participators