EXCLUSIVE: Electrifying ports: The critical next step

A generic picture of a port

Source: Siemens Financial Services UK

In this article, Carolyn Newsham, financing partner to Siemens GB&I, Siemens Financial Services UK, explores the urgent need to electrify ports, the challenges to overcome and the financing solutions available to accelerate the transition.

Maritime decarbonisation is a climate imperative. Shipping emissions have jumped by more than 90% since 1990, making up over 10% of transport’s carbon footprint and 3% of all global emissions. Without taking action in ports, decarbonising the wider sector will be nearly impossible.

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