decarbonization of the global shipping industry will require new low-carbon
fuels. This presents a great opportunity for developing countries, a COP 26
side event heard.
organized event, Seizing opportunities for developing countries in providing
zero-carbon fuels to global shipping (10 November), was held during the 26th
United Nations Climate Change Conference in Glasgow, United Kingdom.
Need for low and zero carbon marine fuels creates opportunity for
developing countries for supplying zero carbon bunker fuel
“There is a need
for low and zero carbon marine fuels – this creates a promising opportunity for
several developing nations because of geographic locations and their access to
abundant renewable sources of energy,” said IMO’s Jose Matheickal.
Chile, Indonesia, Kenya, Panama and South Africa highlighted their countries’
push to support the transition to clean and sustainable fuels for shipping,
including the potential for supplying green ammonia and green hydrogen.
emergence of zero carbon bunker fuels, developing countries have a lot of
potential for supplying zero carbon bunker fuel and this will allow them to
enter the market. This is a great opportunity for development,” said Ms.
Isabelle Durant, Deputy Secretary-General, UNCTAD.
The moderator was
Mr. Jose Matheickal, Chief, Department of Partnerships and Projects, IMO. The
panelists were: Ms. Isabelle Durant, Deputy Secretary-General, UNCTAD; Mr.
Binyam Reja, Acting Global Director for Transport, and Manager of Transport Global
Practice, World Bank; Ms. Johannah Christensen, CEO, Global Maritime Forum; Mr.
Camilo Avilés Arias, Unit Head for New Energy Carriers, Division for Fuels and
Energy Carries, Ministry of Energy, Chile; Mr. Basilio Dias Araujo, Deputy for
Maritime Sovereignty and Energy, Coordinating Ministry for Maritime Affairs and
Investment, Indonesia; Ms. Nancy Wakarime Karigithu, Principal Secretary, State
Department for Maritime and Shipping Affairs, Kenya; Mr. Alexis Rodriguez,
Sustainability Manager, Panama Canal; Mr. Jak Koseff, Senior Advisor: Economic
Acceleration & Special Projects, Office of the MEC for Economic
Development, Environment, Agriculture & Rural Development, Gauteng
Provincial Government, South Africa.