OECD COP28 Virtual Pavilion

Navigating to net zero: Decarbonisation in shipping and aviation

Dec 11, 2023 | 11:30 AM - 1:00 PM

Description

We find ourselves at a crucial juncture in the maritime and aviation sectors, facing the imperative to chart a course towards a sustainable and decarbonised future. Global transport accounts for 23% of global Greenhouse Gas (GHG) emissions, making it a vital sector to decarbonise to deliver the goals of the Paris Agreement. In the aviation industry, airlines worldwide are grappling with the challenge of reconciling the growing demand for air travel with the pressing need to minimize its environmental impact. Key to this effort is the exploration of low-carbon technologies, ranging from electric and hybrid propulsion systems to the ongoing development of sustainable aviation fuels (SAFs). The maritime industry faces its own set of challenges and opportunities; exploring alternative fuels, such as hydrogen and ammonia, and adopting cutting-edge technologies to propel vessels into a greener era. From container ships to cruise liners, the maritime industry needs to navigate a course that is both economically viable and environmentally responsible. Join us for an intriguing and stimulating discussion which will convene experts and policy makers from across governments, the private sector and third sector to explore the decarbonisation trajectories in the maritime and aviation sectors, with a focus on key low-carbon technology and fuel developments and the imperative for increased deployment of alternative fuels. Building on this, the discussion will examine the translation of decarbonisation strategies into concrete and targeted policy actions, highlighting the complementary role of carbon pricing mechanisms and the realignment of government support. Panelists will exchange on how sectors can best work together to accelerate decarbonisation in the maritime and aviation sector, lessons learnt from existing frameworks and policies, and how to increase support for technologies which will deliver credible emission reductions in both sectors.

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Moderated by

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Speakers

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