Maersk: Zero carbon emissions in operations by 2050
27 February 2020
A.P. Moller - Maersk
Description
As the world is embarking on an all-encompassing transformation process away from the reliance on fossil fuels, the shipping sector must also contribute and A.P. Moller-Maersk is at the forefront of this transformation.
Maersk believes that efficiency won’t be sufficient to live up to the Paris Agreement’s ambition of keeping global warming below 1,5 degrees Celsius. A profound shift is needed by fully moving to new carbon neutral fuels, and by completely eliminating fossil fuels from supply chains.That’s why, Maersk have set the goal of reaching carbon neutrality in their own operations by 2050.
To ensure such a goal, Maersk is embarking into a journey to develop the new type of vessels that will be crossing the seas in 2050. The next 5-10 years are going to be crucial as they will invest significant resources in innovation and fleet technology to improve the technical and financial viability of decarbonised solutions.
However, to ensure a real impact on climate, Maersk need to be joined by others. By setting up this ambitious target, Maersk hopes to generate a pull effect towards researchers, technology developers, investors, cargo owners and legislators that will activate strong industry involvement, co-development, and sponsorship of sustainable solutions in the maritime industry