In response to the Green Shipping Challenge formulated jointly by the Governments of Norway and the United States, Norwegian maritime cluster organisations, shipping-industry associations, shipowners, business organisations, classification societies and finance actors together commit to far-sighted cooperation to achieve zero emissions for the maritime sector.
The Green Shipping Challenge, whose primary aim is to catalyse the global transition to green shipping, was issued as part of a joint statement on climate by Norwegian Prime Minister Johas Gahr Støre and Special Presidential Envoy on Climate John Kerry in May 2022.
The Norwegian collaboration will be formally announced on Monday 7 November 2022 at a high-level launch event during COP27 in Egypt. Prime Minister Støre was in attendance alongside Mr Kerry and Norwegian Climate and Environment Minister, Espen Barth-Eide.
The Norwegian maritime partners will be represented by Confederation of Norwegian Enterprise (NHO) President, Svein Tore Holsther.
Participants in the Norwegian collaboration will strive towards reducing emissions from shipping by 50 per cent by 2030, in line with the Norway’s national climate goals.
This comes in addition to the current target of the International Maritime Organization (IMO) to reduce CO2 emissions from global shipping by at least 40 per cent by 2030 and 70 per cent by 2050.
Alongside efforts to improve the energy efficiency of existing vessels, the partners undertake to develop, design and build the zero-emission vessels of the future. Achieving 2030 national climate goals will require 700 low-emission and 400 zero-emission ships in Norway alone.