FIRST MOVERS COALITION SECTOR
Shipping generates nearly 3% of global CO₂ emissions, and demand for maritime transport continues to grow. Decarbonizing the sector is key to global climate goals and to improving coastal air quality. Cleaner fuels such as green ammonia and methanol, combined with efficiency measures and new vessel designs, can substantially cut emissions while protecting marine ecosystems.
Members commit to use zero-emission fuels in new and in retrofitted zero-emission vessels by 2030. Carriers set a target that at least 5% (on an energy basis) of their deep-sea shipping will be powered by zero-emission fuels by 2030. Cargo owners set a target that at least 10% of the volume of their goods shipped via deep-sea-shipping will be on ships using zero-emission fuels by 2030, reaching 100% by 2040.
video
World Economic Forum
video
World Economic Forum

Denmark

Kuwait

Norway

USA

Australia

United Arab Emirates

Australia

Republic of Korea

Norway

Switzerland

Japan

Spain

USA

Denmark

USA

Australia

Switzerland

Norway

USA

Norway
First Movers Coalition
A World Economic Forum Initiative