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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a725dc6417a6
DTSTART:20221110T163000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20221110T180000Z
LOCATION:Sharm El-Sheikh\, Egypt and online\, 
SUMMARY:COP27 Side Event: Producing future marine fuels - Opportunities for
  scaling up renewable energy production in developing countries
CLASS:PUBLIC
DESCRIPTION:International shipping handles over 80% of global trade volume 
 while accounting for about 3% of global CO2 emissions. Decarbonizing the s
 ector implies challenges\, but also opportunities for developing countries
 \, who need to align GHG emission reductions in maritime transport with de
 velopment goals.\n\nTransition pathways show that a large part of shipping
 &#039\;s decarbonization will result from the use of sustainable zero-carb
 on marine fuels\, which are not yet produced and available at scale. The p
 roduction of renewable marine fuels is at its nascent stage and needs to b
 e rapidly scaled up in order to respond to the energy demand from the ship
 ping industry. This new market generates opportunities for producers of re
 newable marine fuels including in developing countries.\n\nTransitioning t
 o zero-carbon shipping should occur in tandem with sustainable and equitab
 le socioeconomic development. This means maximizing opportunities (e.g.\, 
 green fuel production and improved efficiency of trade logistics) and mini
 mizing unintended consequences (e.g.\, increased transport costs or any lo
 ss in connectivity) for developing countries.\n\nIt also means addressing 
 the different national circumstances. In this regard\, developing countrie
 s need equitable access to opportunities presented by the decarbonization 
 of global shipping\, including potentially benefitting from carbon revenue
 s collected under a future IMO mid-term measure.\n\nFollowing up from the 
 successful IMO/UNCTAD event at COP26 on seizing opportunities for developi
 ng countries in providing zero-carbon fuels to international shipping and 
 recent studies from IRENA on shipping decarbonization\, this event will re
 view the progress made since Glasgow and aim at identifying concrete colla
 boration opportunities between the shipping sector and renewable energy pr
 oduction\, as well as ports with a special focus made on developing countr
 ies.\n\nPanellists:\n\n\nHigh-Level Segment\n\nKitack Lim\, Secretary Gene
 ral\, International Maritime Organization\nRebeca Grynspan\, Secretary-Gen
 eral\, UNCTAD\nNicolas Peltier\, Global Director for Transport\, World Ban
 k Group\nFrancesco La Camera\, Director General\, International Renewable 
 Energy Agency (IRENA)\nDiego Pardow Lorenzo\, Minister of Energy\, Chile\n
 \n\nPanel\n\nLynn Loo\, CEO\, Global Centre for Maritime Decarbonisation (
 GCMD)\, Singapore\nNawal Yousif Alhanaee\, Director of the Future Energy D
 epartment\, United Arab Emirates\nJames Mnyupe\, Presidential economic adv
 iser\, Namibia\nJosé Firmo\, CEO\, Port of Açu\, Brazil\nMarina Mattar\,
  Director of Corporate Affairs\, Unigel\, Brazil (tbc)\nReda Ahmed Ismail\
 , Head of the Maritime Transport Sector\, Egypt\nGuy Platten\, Secretary-G
 eneral\, International Chamber of Shipping (ICS)\n\n\n\n\nIssues to be add
 ressed:\n\n\nSetting the stage: Future fuel needs and challenges for devel
 oping countries.\nDeploying future fuels: R&amp\;D and innovation needs.\n
 Investment needs\, renewable energy production and distribution\, port inf
 rastructure.\nPartnerships\, multi-stakeholder synergies.\n\n\nWatch live 
 on YouTube\nhttps://www.youtube.com/watch?v=QAKXb-j2kCs&amp\;amp\;list=PLB
 cZ22cUY9RJc1scZLmb8SdZezq3IM00i&amp\;amp\;index=126&quot\; target=&quot\;_
 blank\n\nView meeting on unctad.org\nhttps://unctad.org/meeting/cop27-side
 -event-producing-future-marine-fuels-opportunities-scaling-renewable-energ
 y
DTSTAMP:20260804T214646Z
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