Relying almost entirely on fossil fuels, international shipping is a major contributor to green house gas emissions globally. Green shipping corridors could play a key role in tackling climate change by driving the uptake of zero emissions fuels, but their development requires significant investment in energy and fuel production infrastructure.
Aiming to mobilise stakeholders and drive the uptake of zero emission fuels, dozens of green shipping corridor initiatives have been announced around the globe. Their development requires significant investment in energy and fuel production infrastructure, representing an opportunity for countries to achieve their environmental objectives while bringing economic and social co-benefits.
Alongside Oceans North, Vancouver Maritime Centre for Climate and Lloyd’s Register Maritime Decarbonisation Hub, we have published a report assessing the potential impact that green shipping corridors and maritime decarbonisation more broadly could have in Canada.
This report explores the infrastructure required to meet the developing demand for zero emission shipping fuels. It also highlights the positive impacts that this infrastructure could have on Canada’s economy, as well as on the natural environment and communities living nearby, if developed responsibly.
