Global companies call to decarbonise shipping

Global companies and organisations including oil majors and port authorities called for the global shipping industry to be fully decarbonised by 2050, as they call for accelerated action to be taken by policy makers. 

These groups have said that there is a need for stronger measures to ensure the sector will meet the climate goals set by the Paris accord, that seeks to limit global warming to less than 2 degrees Celsius.

This initiative, developed by the World Economic Forum, is not for profit independent research and development center.The initiative said decarbonisation of shipping could "only happen with the urgency and scale needed" if the proper framework is established.

The initiative's signatories include A.P. Moller - Maersk, MSC and Hapag Lloyd, oil majors BP and Royal Dutch Shell, and other major players.