Together We Can Decarbonize Ocean Shipping
Through coZEV, companies are raising ambition and joining forces to eliminate the climate impact of maritime shipping.
Cargo Owners for Zero Emission Vessels (coZEV) is a platform specifically designed for corporate customers of the shipping industry to work collaboratively to accelerate the transition to zero-emission maritime shipping
Facilitated by the Aspen Institute, coZEV provides specific opportunities for climate-leading companies to act as first movers, signal their willingness to pay for zero-emission shipping solutions, support high-ambition green corridor deployment, and educate about policy support needed for companies to meet their Scope 3 emissions reduction targets.
coZEV is accelerating decarbonization and facilitating cargo owner leadership in several ways:
Zero Emission Maritime Buyers Alliance
coZEV launched the Zero Emission Maritime Buyers Alliance (ZEMBA) to accelerate commercial deployment of zero-emission shipping, enable economies of scale, and maximize cargo owners’ collaborative emissions reduction potential beyond what any one freight buyer could accomplish alone.
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Send Demand Signals for Zero Emission Shipping
coZEV will grow the number of cargo owners involved with coZEV workstreams to demonstrate the increasing business case for zero emission shipping and develop mechanisms to recognize catalytic action and investment taken by cargo owners toward maritime decarbonization.
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Support Green Shipping Corridor Development
Climate-leading cargo owners have a crucial role to play in the development of 1.5℃ Paris-aligned green shipping corridors. Through coZEV, cargo owners will have the opportunity to shape the ambition, development and implementation of green corridor collaborations around the world.
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Support Shipping Decarbonization Policy
Climate-leading cargo owners have a vested interest in ensuring that the transition to zero emission shipping is smooth, fast, and economically viable.
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