Eliminating harmful emissions is important. It mitigates the effects of global climate change, improves public health, and preserves biodiversity. In addition, stimulating innovations in zero-emission technologies will also benefit the economy, because the demand for zero-emission ships will increase.
Global shipping is responsible for 3% of global CO₂ emissions. At the same time, 90% of all goods are transported by sea. According to the OECD, as demand for global freight increases, maritime trade volumes will triple by 2050, and so will greenhouse gas emissions.
That is why we urgently need to reduce emissions from shipping. To this end, the Innovation Council stimulates research into and development of new fuels and propulsion systems. Think, for example, of sailing on hydrogen, ammonia, or methanol. Carbon capture and hydrofoil technology can also offer solutions and require further development.