MAN Energy Solutions Logo
Monday, November 14, 2022

Maritime Sector and Green Hydrogen Leaders Agree Ambitious Targets at COP27

Joint Statement on Green Hydrogen and Green Shipping commits to rapid adoption of green hydrogen-based fuels this decade for full decarbonisation of shipping by 2050; calls on policymakers to match ambition

At a meeting at the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt, MAN Energy Solutions – along with leading organisations across the shipping value-chain and the largest producers of green hydrogen – signed a ‘Joint Statement on Green Hydrogen and Green Shipping’. The document commits all signatories to the rapid adoption of green hydrogen-based fuels during the current decade in order to achieve the full decarbonisation by 2050 of the shipping sector, one that currently accounts for 3% of global greenhouse gas emissions. It also calls on policymakers to match these ambitious targets.

CEO Uwe Lauber, signed the Joint Statement on behalf of MAN Energy Solutions and said: “Decarbonisation of the marine industry is a mammoth undertaking but, I believe, eminently achievable through cooperation with like-minded industry partners. At MAN Energy Solutions, we believe that hydrogen has a key role to play in getting to net zero and our recent, significant investment in our hydrogen subsidiary, H-TEC SYSTEMS, intends to quickly transform it into a mass-producer of PEM electrolyzers. More than anything, the world needs a massive amount of industrially-scaled, green hydrogen production to build momentum for the broad adoption of hydrogen as a maritime fuel.”

The Joint Statement was facilitated by Climate Change ‘High-Level Champions’ – UN nominees that connect governmental work with the voluntary and collaborative initiatives taken by cities, regions, businesses and investors – and nonprofit energy organisation, RMI. Besides MAN Energy Solutions, it was also signed by – among others – the Aspen Institute, the Global Maritime Forum’s Getting to Zero Coalition, the Green Hydrogen Catapult, InterContinental Energy, and A.P. Moller - Maersk.

Signatories have agreed to pursue cross-sector collaboration to achieve:

  • commercially-viable, zero-emission, deep-sea vessels from 2030 with the intention of using exclusively zero-emission-powered ocean-freight services by 2040;
  • the scaling-up of green hydrogen production to 5.5 million tons per year by 2030;
  • the full decarbonisation of the shipping sector by 2050 at the latest.

They also called upon international authorities and national governments to support private-sector commitments with a correspondingly ambitious policy, and specifically asked the International Maritime Organization and member states to commit to a 100% emissions reduction within the maritime sector by 2050 with robust, interim targets.

Documents

  • PR MES_COP27 Declaration_EN
    PDF, 309 KB English

Images

  • man_es_h-tec_invest
    JPG, 1466 KB English

Contact

Nils Søholt

Trade Press Marine

Group Communications & MarktingMAN Energy SolutionsTeglholmsgade 412450 Copenhagen SVDenmark

t +45 33 85 26 69