As part of the Global Climate Action Summit, Norway convened to advance collaboration on zero-carbon trade and transport sectors. Namely, environment ministers from Norway and the Marshall Islands spoke with clean-tech start-ups and governments.
Norway is leading decarbonization in the maritime transport, with the Minister for Climate and Environment, Ola Elvestuen, saying that zero emission shipping is possible and the country has started the introduction of zero emission technologies in parts of domestic shipping.
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By achieving green shipping, low- and zero emission ferries will be launched, boosting green innovation, competitiveness and jobs in the maritime sector.
In addition he stressed the importance of IMO’s initial strategy on GHG, describing it as an historic agreement. Hydrogen will play a big role in this, with Norway expecting a car ferry with hydrogen electric propulsion.
For his part, Republic of Marshall Islands Environment Minister David Paul, also considers the IMO agreement as historic, but noted that there is still a lot of work to do. The private sector has the ability to help in achieving the goals, as it must set the bar higher by leveraging the massive economic opportunities available.