Denmark And USA To Collaborate For Green Corridors In The Global South Nations

Maersk McKinney Møller Center for Zero Carbon Shipping has partnered with Denmark and the USA to finance pre-feasibility studies for green corridors in five Global South nations. Danish Shipping has praised this initiative, emphasising how important it is to work together to achieve climate-neutral shipping.

The main objective of the Global South Green Corridors initiative is to demonstrate the capacity of green maritime corridors to promote sustainable development and employment generation in developing countries. It also emphasises how critical green corridors are to a fair and just transition to a green future for global shipping.

Danish Shipping CEO Anne H. Steffensen praised the project and emphasised how it could help countries in the Global South make the most of their renewable energy resources for sustainable development. Pre-feasibility studies in Namibia, Panama, and Fiji are the project’s primary focus; two more participating countries will be disclosed soon.

The Danish government, the U.S. Department of State, the U.S. Department of Energy, and the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping are essential parties involved in the partnership.

Prominent people, including Danish Prime Minister Mette Frederiksen, U.S. Special Envoy John Kerry, and representatives from Namibia and Fiji, announced during COP28 in Dubai.

The Center’s CEO, Bo Cerup-Simonsen, pointed out the value of inclusivity in the global shift and expressed enthusiasm about working with Danish and American authorities.

The initiative concentrates on countries in Latin America, Africa, and the Pacific because it acknowledges their commitment and needs to spur social growth opportunities and a transition.

James Mnyupe, the Green Hydrogen Commissioner and Presidential Economic Advisor for Namibia, highlighted the role of green maritime corridors as catalysts for sustainable industrialisation and development and their impact on mitigating climate change.

The project is an extension of the U.S. Department of State’s Green Shipping Corridor Initiation Project, which was introduced at COP27 and aligns with the goals of the Maersk Mc-Kinney Møller Center. In this context, marine routes that support low- and zero-emission fuels and technologies to achieve zero emissions are called “green corridors.”

The identification of necessary conditions for green corridor projects, such as funding, safety, and regulation, is greatly aided by pre-feasibility studies. The findings support more comprehensive strategies for the green transition by informing the selection criteria for green corridors by national and local authorities.

Reference: Danish Shipping

Denmark And USA To Collaborate For Green Corridors In The Global South Nations appeared first on Marine Insight – The Maritime Industry Guide

Source: Maritime Shipping News