Zero-emission Shipping: What’s in it for Developing Countries?

Addressing vulnerability and promoting security
Posted Mar 23, 2020 | World Bank

The emissions produced by ships carrying trade goods make shipping the sixth largest emitter. Developing countries account for more than 60 percent of global exports loaded, more than 40 percent of vessel ownership and about 80 percent of vessel registration. Among the world’s 20 largest ports, 15 are currently located in developing countries. Against this backdrop, the Getting to Zero Coalition, an alliance of more than 90 companies within the maritime industry, supported by intergovernmental organizations, is pursuing the vision of developing and deploying commercially viable deep sea zero-emission vessels by 2030.  In this article, the World Bank lays out opportunities for developing countries to utilise their abundant renewable energy sources.


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