Norway and Singapore have signed an MOU with the International Maritime Organization to help developing countries reduce maritime emissions.
The parties are going to work together to exchange experiences, knowledge and best practices, jointly mobilizing resources to reach their target.
The agreement will be implemented as part of the NextGEN Connect initiative and the GreenVoyage2050 project. The former was set up last year between the IMO and Singapore to promote maritime decarbonization solutions along shipping lanes, while the latter was set up in 2019 by the IMO, with funding from Norway, to support developing countries’ efforts to reduce ship emissions.
IMO Secretary-General Kitack Lim said the new agreement combines the capabilities of existing initiatives “to collectively implement green shipping activities, in particular those that can support development of low and zero-carbon fuels and related bunkering infrastructure.”
Translation by Giles Foster