COP29 Discusses Maritime Decarbonization Strategies

At COP29 in Baku, discussions centered on the decarbonization of the maritime sector, highlighting the importance of collaboration and innovation. ASCO's Chairman Rauf Valiyev reported a 20% reduction in emissions since 2012, aiming for zero emissions by 2050, while emphasizing strategic investments in new vessels and efficiency improvements. The role of ports as critical agents in this transition was underscored, with proposals for digitalization, renewable energy integration, and green electrification to reduce emissions. Additionally, experts noted China's potential to lead in the production of electric ships and green methanol, positioning itself as a key player in the global maritime industry's green transition. The discussions revealed a common consensus on the necessity for joint efforts across the maritime ecosystem to achieve sustainability goals.