Nine major shippers including Amazon, Ikea and Unilever have signed an “ambition statement” to pledge to only move cargo on ships using zero-carbon fuel by 2040. This pledge is part of a new initiative by the non-profit Aspen Insititute called Cargo Owners for Zero-Emission Vessels or coZEV.
From the coZEV website: coZEV was created because no single cargo owner can drive this transition alone. coZEV utilizes the power of companies’ combined voices, capacity for innovation, and economies of scale to drive change.
Through collaboration among cargo owner companies and maritime supply chain partners, coZEV believes companies can decarbonize their own maritime freight by 2040 and help catalyze full sector decarbonization by 2050 at the latest.