Sustainability in Shipping / Net Zero Emissions
The provisional DHL Innovation Centre in Dubai on its inaugural day.
Making Shipping Sustainable
Sustainability targets can only be achieved by decarbonising sea freight opines Amadou Diallo, CEO, DHL Global Forwarding, Middle East and Africa, who in this insightful contribution makes the case for sustainable shipping.
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he maritime industry currently accounts for 2% to 3% of global carbon dioxide emissions according to S&P Global Platts Analytics, but some projections predict shipping could account for 17% of total annual carbon dioxide emissions by 2050. A key component of global supply chains (ships carry more than 80% of global trade by volume), the international cargo and container shipping industry is making slow progress towards decarbonisation. Maritime shipping is one of the few sectors excluded from the Paris Agreement on climate change. It continues to run on fossil fuels, also known as marine bunker fuels. Pressure is intensifying on the industry to contribute to the international goal of net-zero carbon emissions by 2050.
50 MAY 2022
The International Maritime Organization is targeting a 50% cut in emissions from the global fleet by 2050 compared with 2008 levels. If business continues as usual, emissions will double by 2050 as the demand for freight shipping is expected to grow threefold over this period.
Net zero emissions Meanwhile, countries in the Middle East have started making net-zero emissions pledges, starting with the UAE’s 2050 target and followed by Saudi Arabia and Bahrain in 2060. These sustainability ambitions are well aligned with national initiatives across the GCC that are driving the renewables agenda; as seen in the prioritization of sustainability by the UAE Green Agenda 2015-2030 and Vision
Amadou Diallo, CEO, DHL Global Forwarding, Middle East and Africa.
