Green Corridor Advisory Board

The concept of green shipping corridors has emerged as a way to cut through the complexity of maritime shipping decarbonization by focusing development, deployment, testing, and refining of zero-emission solutions on specific routes where conditions are promising and there is potential for accelerated action. As zero-emission testing grounds, these corridors can help jumpstart the energy transition within the shipping sector and align all the necessary pieces of the zero-emission shipping value chain of the future. These cross-sectoral partnership efforts typically involve engagement with ports, vessel owners and operators, cargo owners, fuel producers, and policymakers, among others key actors across the shipping value chain. Through green shipping corridors, stakeholders can align private investment through chains of offtake agreements on a manageable scale and demonstrate the technical and commercial viability of ZE shipping.

Climate-leading cargo owners can accelerate the ZE transition by providing support to green shipping corridor efforts that maintain a high Paris-aligned ambition. Cargo owner input during the development of these efforts is also essential to ensure they will work from a business point of view. However, with a growing number of green shipping corridor collaborations around the world, cargo owner capacity to engage in each individual corridor effort separately may become constrained.

coZEV is focused on helping cargo owners engage with the development of ambitious green corridors which will support cargo owners decarbonization efforts overall and specific green corridor efforts of relevance/interest to companies global supply chain.