SECTOR TRANSITION TOOLS
First published in October 2021, a shipping Transition Strategy from the MPP-supported Getting to Zero Coalition, a partnership between the World Economic Forum and the Global Maritime Forum, and prepared by the University Maritime Advisory Services (UMAS), has relaunched as Making Zero-Emissions Shipping possible: An industry-backed Transition Strategy (The re-release of A Strategy for the Transition to Zero-Emission Shipping. The report shows the opportunity created by shipping’s need for scalable zero-emission fuels and details how a robust future demand from shipping can de-risk business cases for land-side production of green hydrogen that can serve multiple industries. The Strategy provides new insights into the essential elements of such a transition: the political, technical, economic, and commercial requirements, and the actions needed from the sector to deliver on them.