Green Shipping Fuel Producers Call on IMO to Adopt NZF Deal
20 leading green fuel producers are calling on IMO delegates to seize a ‘once-in-a-generation’ opportunity to set shipping on a sustainable pathway.
At this week’s extraordinary session, leaders will come together in London to discuss the adoption of the IMO’s Net Zero Framework (NZF) that was agreed in April earlier this year. A final vote is expected on Thursday or Friday.
The companies, including European Energy, Liquid Wind, ET Fuels, HIF Global and Zero Waste, call on the IMO to adopt the deal and to include specific incentives for green e-fuels which are currently at a disadvantage to LNG and biofuels. That is despite hydrogen-based e-fuels providing much greater emissions savings.
Together the signatories have projects in Africa, South and North America, Europe, Southeast Asia as well as Oceania.
Dr Alison Shaw, IMO manager at T&E, said: “E-fuel producers need policy certainty to get green shipping fuels off the ground. Shipping could become a major offtaker for hundreds of projects worldwide, but only under the right rules. The current IMO Net-Zero Framework leaves e-fuels competing with cheaper and unsustainable options like fossil gas and first-generation biofuels. The message from producers is clear: to decarbonize shipping at scale, incentives for green e-fuels are essential. Without targeted incentives, shipping’s energy transition risks stalling before it begins.”