Strong and Resilient Growth Path slide image

Strong and Resilient Growth Path

SUSTAINABILITY IS NOT AN OPTION ...yet the moment to act is now Regulatory and technological framework is constantly evolving. The latest regulatory agenda has already been revised in December 2022 Units: GHG emissions¹ 2008 as base year Emission pathway in line with IMO's GHG strategy Business as usual emissions Emission gap Peak as soon as possible Intensity: 40% reduction Revision in 2023: 100% decarbonisation by Tota % reduction Intensity: 2050? 2020 2030 Zero emissions as soon as possible within this century 2040 2050 within 2100 Dec 2022 agenda: reduction of the total annual GHG emissions from international shipping by at least 50% by 2050 compared to 2008 New decision point in July 2023, possible 100% decarbonisation target by 2050 Long-term strategy focused on zero-carbon fuels development 2008 Total: refers to the absolute amount of GHG emissions from international shipping 1. Source: DNV, 20 December 2022 2. Carbon intensity defined as CO2 emissions per transport work 11
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