The Issue

Shipping accounts for approximately 4% of global GHG emissions and is growing as a proportion of global emissions.

Decarbonizing domestic shipping is crucial to achieving the objectives set out in IMO’s GHG strategy.

Approximately 30% of GHG emissions from shipping stems from domestic shipping (under 5,000 gt).

Through promoting the uptake of energy efficient technologies in the maritime sectors of developing countries, we aim to accelerate the transition to zero carbon shipping