Three more countries back Canada and UAE's ‘Clean Energy Marine Hubs’ initiative

The governments of Panama, Norway and Uruguay have expressed their support for an initiative that aims to advance production, export and import of low-carbon mairne fuels across partnering countries.

PHOTO: Getty Images

Launched at the Clean Energy Ministerial (CEM) in Pittsburgh last week, the initiative is a brainchild of the International Chamber of Shipping (ICS), the International Association of Ports and Harbors (IAPH), and the corporate heads-led Clean Energy Maritime Taskforce.

It will provide a platform for players across the energy-maritime value chain, including ports, shipping and finance. And the partners will work towards development and deployment of clean bunker fuels.

Five nations have so far signed up to the new platform.

A dedicated CEM Taskforce will now work with the governments of the supporting countries to formulate a tangible workplan for the next CEM meeting.

Norway has been supporting various clean energy initiatives.

Last year, the Norwegian government earmarked an allocation of $1.1 billion for a period of five years to the Norwegian Climate Investment Fund to support renewable energy projects in low-income countries.

By Shilpa Sharma

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