Progress Report shows that Maritime Green Corridors are taking off - but essential stakeholders must not be left behind

While most maritime Green Corridor initiatives remain in their infancy, the report looks at their potential, assesses progress, identifies challenges, and offers recommendations, in particular by advancing the commercial-scale deployment of zero-emission fuels, vessels and infrastructure on promising routes. Previous analysis has indicated that for shipping's transition to get on track, 5% of fuels used on deep sea routes would need to be scalable, zero-emission fuels such as clean ammonia, methanol, or hydrogen.

While most maritime Green Corridor initiatives remain in their infancy, the report looks at their potential, assesses progress, identifies challenges, and offers recommendations, in particular by advancing the commercial-scale deployment of zero-emission fuels, vessels and infrastructure on promising routes. Previous analysis has indicated that for shipping's transition to get on track, 5% of fuels used on deep sea routes would need to be scalable, zero-emission fuels such as clean ammonia, methanol, or hydrogen.

The Global Maritime Forum's Project Director for Decarbonization, Jesse Fahnestock, noted that the report, like the activity it covered, was about creating a baseline for future action.

"Green Corridors have captured the maritime sector's imagination, and the number of initiatives that have been launched in one year is genuinely exciting," Fahnestock said. "These corridors are all at very early stages, but as they move towards implementation, this report can provide a platform for monitoring and sharing global progress. Already, the report has identified some key recommendations for accelerating action and improving impact."

Please find the report here.

About the Getting to Zero Coalition

The Getting to Zero (GtZ) Coalition, a partnership between the Global Maritime Forum and World Economic Forum, is a community of ambitious stakeholders from across the maritime, energy, infrastructure, and financial sectors, supported by key governments, IGOs and other stakeholders, who are committed to the decarbonization of shipping.

The ambition of the Getting to Zero Coalition is to have commercially viable zero-emission vessels operating along deep-sea trade routes by 2030, supported by the necessary infrastructure for scalable zero-carbon energy sources including production, distribution, storage, and bunkering, towards full decarbonization by 2050.

About the Global Maritime Forum

The Global Maritime Forum (GMF) is an international not-for-profit organization dedicated to shaping the future of global seaborne trade to increase sustainable long-term economic development and human wellbeing.

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