Maritime Sector & Green Hydrogen Leaders Agree On Ambitious Targets & Collaboration to Reach Zero-Emissions Global Shipping By 2050

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Maritime Sector & Green Hydrogen Leaders Agree On Ambitious Targets & Collaboration to Reach Zero-Emissions Global Shipping By 2050
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Ten organizations signed the Joint Statement on Green Hydrogen and Green Shipping committing to rapid adoption of green hydrogen-based fuels

Ten organizations signed the Joint Statement on Green Hydrogen and Green Shipping, committing to rapid adoption of green hydrogen-based fuels this decade to get on track for full decarbonization of the shipping sector by 2050, and calling on policymakers to help achieve the ambitious targets.

“Our path ahead is clear: shipping must transition away from fossil fuels and toward scalable zero-emissions fuels. Members of the Getting to Zero Coalition and other signatories to this joint statement stand firmly behind this goal and have already taken crucial first steps to make this happen.

By bringing suppliers and consumers of green hydrogen into agreement about the urgency of the technology’s adoption in shipping, the joint statement aims to build confidence for the deployment of low-emissions fuel at scale to unlock cost reductions and reduce investment risk. “This is a target that we can reach. In fact, achieving existing targets set by Green Hydrogen Catapult members alone would be enough to supply nearly 90 percent of the green hydrogen needed by the shipping sector by 2030,” saidsenior principal at RMI and secretariat of the Green Hydrogen Catapult, a coalition of green hydrogen producers and first movers committed to mobilizing production and demand of the low-carbon energy source in this decade.

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