Push to help developing countries reduce emissions

The memorandum of understanding has been signed under the aegis of the NextGEN Connect initiative and the GreenVoyage2050 Project and cements the partners’ commitment to creating a greener maritime industry.

“IMO is pleased to combine the capabilities of the IMO-Norway GreenVoyage2050 project and the IMO-Singapore NextGEN Connect initiative to collectively implement green shipping activities, in particular those that can support development of low and zero-carbon fuels and related bunkering infrastructure,” said Kitack Lim, Secretary-General of the IMO.

The NextGEN Connect initiative was established between the IMO and the MPA in April 2022 to bring industry and academia together to explore decarbonisation in shipping.

“This MoU is an important partnership that brings together our projects with the mutual goal to test solutions along shipping routes,” commented Teo Eng Dih, chief executive of the MPA.

“This will help reduce greenhouse gas emissions from shipping in an inclusive manner and with the support of like-minded states, aggregate demand along the supply chain,” he added.

The IMO-Norway GreenVoyage2050 Project was established in May 2019 by the IMO with funding from Norway to help developing countries implement the Initial IMO Strategy on the Reduction of GHG Emissions from Ships.

“Joining forces through this cooperation will strengthen the support to decarbonising the maritime sector in developing countries,” said Sveinung Oftedal, chief negotiator of the Norwegian Ministry of Climate and Environment.

The memorandum of understanding has been signed under the aegis of the NextGEN Connect initiative and the GreenVoyage2050 Project and cements the partners’ commitment to creating a greener maritime industry.