HAMBURG: The Hamburg Sustainability Conference intends to build bridges between all those who are needed to solve complex problems – such as transforming and building a sustainable shipping industry . The Alliance on Green Shipping Corridors formed at the HSC is an example for this collaborative effort.
Green shipping corridors that is routes on which it is possible to navigate climate neutrally, tank renewable fuels , based on green hydrogen - can make a substantial contribution to achieving climate goals. The shipping industry is responsible for over 80% of CO2-emissions of global trade and emits more greenhouse gas than Germany as a whole - and it will continue to grow.
The new Alliance on decarbonizing global shipping can make a substantial contribution to achieving our climate goals by jointly establishing green shipping corridors. The vision is to establish green shipping routes on which it is possible to tank or store renewable fuel that has been produced in a climate-neutral way.
This is a global challenge that can only be solved through international cooperation by a variety of actors that need to be on board: fuel producers, companies that can transport these new fuels, ports that offer the renewable fuels, shipping companies that buy them, ship builders that build in motors able to run with the new fuels, banks that support financing the needed investments and governments that provide the necessary environment for it.
Development cooperation can and will contribute to the solution: The German Ministry for Economic Cooperation and Development can point to a long tradition of very good cooperation, especially with countries that are regarded as the frontrunners in the production of green, sustainable fuels.
Development cooperation can thus function as a door opener for economic cooperation and sustainable development. In many of these partner countries in Africa, Asia and Latin America, the conditions for producing renewable electricity are excellent. There is a special need for many of these countries to become key players in the rapidly growing global market for green hydrogen products. In addition, it is the chance for these countries to simultaneously advance their own energy transition, their local energy supply and domestic industry. For this to happen it is of particular importance to make the global hydrogen market a fairer and more equitable one than the fossil fuel world ever was. This means that from the outset other aspects of sustainable development have to be taken into consideration and be integrated into the new Green Shipping Corridors, such as ensuring that the local population also gets an affordable access to the new clean energy that is being used for hydrogen production, ensuring decent working conditions on hydrogen producing plants and safeguard the sustainable development of cities and communities around the new production sights.
If done right, all actors along the value chain can profit from the great coordination effort for a global hydrogen ramp up: production countries in the Global South through development created by new hydrogen value chains, Germany and other European countries through stable and diversified supply relationships and businesses via chances for exporting hydrogen technology.
Green shipping corridors that is routes on which it is possible to navigate climate neutrally, tank renewable fuels , based on green hydrogen - can make a substantial contribution to achieving climate goals. The shipping industry is responsible for over 80% of CO2-emissions of global trade and emits more greenhouse gas than Germany as a whole - and it will continue to grow.
The new Alliance on decarbonizing global shipping can make a substantial contribution to achieving our climate goals by jointly establishing green shipping corridors. The vision is to establish green shipping routes on which it is possible to tank or store renewable fuel that has been produced in a climate-neutral way.
This is a global challenge that can only be solved through international cooperation by a variety of actors that need to be on board: fuel producers, companies that can transport these new fuels, ports that offer the renewable fuels, shipping companies that buy them, ship builders that build in motors able to run with the new fuels, banks that support financing the needed investments and governments that provide the necessary environment for it.
Development cooperation can and will contribute to the solution: The German Ministry for Economic Cooperation and Development can point to a long tradition of very good cooperation, especially with countries that are regarded as the frontrunners in the production of green, sustainable fuels.
Development cooperation can thus function as a door opener for economic cooperation and sustainable development. In many of these partner countries in Africa, Asia and Latin America, the conditions for producing renewable electricity are excellent. There is a special need for many of these countries to become key players in the rapidly growing global market for green hydrogen products. In addition, it is the chance for these countries to simultaneously advance their own energy transition, their local energy supply and domestic industry. For this to happen it is of particular importance to make the global hydrogen market a fairer and more equitable one than the fossil fuel world ever was. This means that from the outset other aspects of sustainable development have to be taken into consideration and be integrated into the new Green Shipping Corridors, such as ensuring that the local population also gets an affordable access to the new clean energy that is being used for hydrogen production, ensuring decent working conditions on hydrogen producing plants and safeguard the sustainable development of cities and communities around the new production sights.
If done right, all actors along the value chain can profit from the great coordination effort for a global hydrogen ramp up: production countries in the Global South through development created by new hydrogen value chains, Germany and other European countries through stable and diversified supply relationships and businesses via chances for exporting hydrogen technology.
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