
Environmental Economics, Год журнала: 2024, Номер 15(2), С. 42 - 63
Опубликована: Июль 24, 2024
The maritime industry faces intense scrutiny to address climate change amidst strict environmental regulations and societal expectations. paper mainly focuses on understanding evaluating the key factors driving transition toward decarbonization in shipping. study utilized qualitative analysis, focusing reviewing current targets set by major regulatory bodies, notably International Maritime Organization (IMO) European Union (EU). concludes that a clear strategy for reducing emissions is essential, holistic approach must be adopted. Thus, investigation identified several critical can facilitate creation of an effective achieve net zero emissions, comply with goals, reduce emissions. They are levels (solutions), ecosystem (value chain), drivers (enablers), collectively referred as LED model. emphasizes importance stakeholder engagement policy advocacy support zero-emission transition. For instance, explores sector’s potential through value chain perspective (Scope 3): employing life-cycle assess complete footprint ship – “Cradle-to-Grave” frameworks (from raw material extraction, production, product use, until end its life) “Well-to-Wake” methodology evaluate greenhouse gas from fuel production end-use ship. Additionally, assesses impacts sector, predicting significant transformations industry’s operational, technological, collaborative practices. AcknowledgmentThis was partially supported SEUS project Horizon Europe Framework Programme (HORIZON), under grant agreement No 101096224. This article reflects only authors’ views, Commission not responsible any use may made information it contains.
Язык: Английский