Today, the global shipping industry
burns about 300 million tons of fuel every year,
accounting for roughly 3%
of global greenhouse gas emissions.
This number is expected to grow significantly towards 2050.
But, we know that global greenhouse gas emissions
need to be reduced to limit the impact
we're having on the climate.
And we know that shipping needs to play its part
in that global effort.
This is a systemic change,
and this is where collaboration
across the value chain is needed.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
was formed to specifically address these challenges
of regulation and innovation.
As an independent not-for-profit organization,
we are able to bring together expertise
and experts from across the ecosystem
and accelerate the development
and scaling of sustainable shipping solutions.
First, we work to understand the pathways
of decarbonization, and then help innovate, implement,
and scale the solutions that are best for society.
We are excited to have BCG
as one of our official knowledge partners.
Together, we will develop deep thought leadership,
and we will bring decarbonization guidance
to important global forums
and help to establish the net-zero future
for the maritime industry.
Decarbonizing shipping
is changing an entire business system.
First movers are already taking big steps,
and the learnings they make will inform
and inspire both the private and public sector
to take even bigger steps into the transition.
We have started to address this daunting challenge,
and even if we have a lot of work ahead of us,
we know what to do.
So yes, we are very optimistic.