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Published: 2020-05-20

Norwegian shipowners pledge to go carbon neutral by 2050

Shipping Norwegian shipowners pledge to go carbon neutral by 2050

Photo: Norwegian Shipowners' Association

The country's shipping industry decided to take a leading role in combating climate change, aiming for the whole Norwegian fleet to become climate neutral by 2050. In order to do so, four proactive goals have been adopted as the foundation of their strategy.

Under the umbrella of the Norwegian Shipowners' Association, its members pledge to cut their greenhouse gas emissions by 50% per transported unit by 2030, compared to 2008. Starting from 2030, they will only order vessels with zero emission technology. The plan is to become climate neutral by 2050. The strategy also entails an international ban, coming into force starting 2050, on fuel types that are not climate neutral.

According to Harald Solberg, CEO, Norwegian Shipowners' Association, setting ambitious goals is the way to help accelerate the necessary development. It will call for the entire industry, working with the authorities on both national and international level, to engage in developing of new solutions.

By contributing to the mitigation of global warming, the Norwegian shipping industry also hopes to create new, green jobs. Solberg added, "We need new technology and new sustainable solutions, and development must happen quickly. We can meet global climate targets while generating business opportunities . We have already accomplished a great deal, and now we want to do even more."

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