The 2030 Breakthrough

Zero emission fuels make up 5% of international shipping’s energy demand

Why fuels? Tracking progress

Acknowledging the organizations working towards this future

ACHIEVING THE 2030 BREAKTHROUGH

ACROSS FIVE LEVERS OF CHANGE

TECHNOLOGY / SUPPLY

How industry and infrastructure can help


  1. At least 10 deep-sea ships with zero-emission propulsion in operation by 2025
  2. At least 200 ships primarily use zero emission fuels across main deep sea shipping routes by 2030
  3. 10 large trade ports covering at least three continents supply zero emission fuels
  4. Over 1m metric tonnes of green hydrogen at a production cost of $2/kg by 2025
  5. 50 production facilities by 2025 for small scale green zero emission fuel by 2025.
  6. 6 deep-sea green corridors operational by 2030
Demand

How the market can influence change


  1. By 2025 20 freight purchasers commit to using zero-emission ocean freight by 2040
Finance

The role of public and private financing


  1. $3-6bn of industry & finance support mobilized for large scale demonstration projects by 2025
  2. $2-4bn of government support mobilized for large scale demonstration projects by 2025
Policy

How governments can accelerate the transition


  1. IMO agrees final GHG strategy by 2023, setting long-term goal of zero by 2050 with interim targets
  2. IMO agrees mid-term measures package by 2025
  3. 40 national governments publish 1.5C aligned plans for domestic shipping by 2025
Civil Society

Mobilizing the "third sector"


  1. Targets to be defined following delivery of a Green Skills Roadmap for Seafarers at COP27 by the Just Transition Maritime Taskforce
WHAT'S NEEDED BY COP 27


    1. At least 8 Green Corridors roadmaps published balancing mitigation and resilience, including at least 3 in LDCs & SIDs.
    2. At least 5 more signatories to Clydebank Declaration.
    3. The first iteration of the Green Corridor Toolkit is launched including resilience tools Maritime Green Skills and jobs onboard report & recommendations published.
    4. Port actors commit to a Resilience Breakthrough including Ports in developing countries, LDCs and SIDs.
    5. 3-5 new countries have signed on to the Zero Emissions by 2050 Declaration.
    6. Zero emission ready ships framework and guideline is launched and 10 shipowners / shipyards committed to using it.
    7. SBTi Shipping launched and uptake by 10 shipowners.

COUNTDOWN TO COP 27

11/07/2022

Find out more
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FURTHER READING

Discover more about our actions and initiatives, and other ways shipping is racing to net zero

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Seaborne freight is one of the more challenging sectors to decarbonize, but ambition is accelerating in the race to achieve net-zero emissions by 2050.

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Getting to 5%: An action plan for delivering zero-emission fuels in shipping

A master plan to achieve 5% zero-emission fuels in shipping by 2030 will help guide decisions, actions, and allow us to monitor the progress of the sector’s Race to Zero.

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Green Corridors: Why they’re key to shipping’s Race to Zero

Green corridors have been likened to special economic zones at sea — arenas where companies deploy new technologies and business models at full scale, interacting with each other and with regulations and incentives tailored to their efforts.

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