Tag: COP28

According to IRENA, the world’s largest emitters need to more than double their renewable capacity by 2030.

DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), to explore and implement renewable energy systems across DP World's global port operations in the Middle East and Africa. 

SEA-LNG shared its overview of LNG as a marine fuel in 2022-2024, highlighting that during 2023 attitudes towards decarbonisation shifted from theoretical discussions about what might work tomorrow to what works today and how much does it cost.

According to the Say No to LNG campaign, observations from COP28 reveal well-orchestrated discussions and chosen words but fall short on tangible progress.

Over the last decades, climate change has been having an increasing impact on the environment, changing the landscape both literally and metaphorically. As a global industry that spans over the entire world, shipping has not remained untouched by the effects of climate change, nor climate change by the effects of shipping.

Whilst countries struggled to negotiate a new agreement, the maritime industry came together to find our own way forward, to drive partnerships and create security for investment, argues Hayden Walmsley, COP28 Lead, Lloyd's Register Foundation.

The COP 28 summit concluded on 12th of December in Dubai, reaching -after a prolonged debate and much controversy- the UAE Consensus that plans to phase out fossil fuels. 

AD Ports and Abu Dhabi Future Energy Company PJSC – Masdar have announced the signing of a Memorandum of Understanding (MoU) on green hydrogen production, on the sidelines of the UN Climate Change Conference, COP28, in Dubai.

According to International Energy Agency (IEA), while the pledges made during COP 28 are positive steps forward in tackling the energy sector’s greenhouse gas emissions, they would not be nearly enough to move the world onto a path to reaching international climate targets, in particular the goal of limiting global warming to 1.5 °C.

Yesterday's Shaping the Future of Shipping: Delivering a Net Zero World conference established a path for implementing the International Maritime Organization's net zero agenda. ICS reports that around 60 groups met to explore ways to fulfil the lofty net zero objectives by 2050.