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COP 26 – first assessment on the outcomes for shipping

Posted on: 25 November 2021

Maritime London and foundation member Lloyd’s Register (LR) joined forces to organise a webinar, which took place on 24th November, to discuss COP26 outcomes for shipping.

Since the start of the year, the maritime industry has been evaluating opportunities for voice at the UNFCC event being held in Glasgow. World leaders have flown in, conversations have been had, and many sectors have been the focus of keen attention.

The discussion focused on what were the main outcomes of COP26 for shipping, were the industry’s ambitions and objectives for the 12-day event achieved, and what are the next steps for the industry?

Moderated by Jos Standerwick, Chief Executive of Maritime London, the webinar  assessed the impact of COP26 decisions ahead of MEPC77, the efficacy of shipping to lobby policymakers and what is likely to happen next.

With COP26 “societal ambition has moved on,“ said Charles Haskell, Decarbonisation Programme Manager for Lloyd’s Register and one of the panellists, and with new initiatives like The Clydebank Declaration on green corridors, Shipping had shown that it “has not been left behind”. Within shipping “it’s no longer about the discussion of a 50% reduction [in carbon emissions] compared to 2008 levels and the challenges of whether that’s possible or not,” he noted. “That’s shifted to zero by 2050,” with some first movers even going further and talking about 2040.

Other panellists included Jonathan Beard, Partner, Infrastructure Advisory – Strategy & Transactions Asia-Pacific Platform, EY, Julian Proctor, CEO, Purus Marine and Helen Tveitan de Jong, Chairman & CEO, Carisbrooke Shipping Holdings Ltd.

Watch the webinar here.

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