Industry and globalisation

Workshop on Green Growth of Maritime Industries, 20 November 2017



Maritime freight transport is indispensable to world trade and globalization as around 80 per cent of global trade, which has been growing at a fast pace in recent years, is carried by sea and is handled by ports worldwide, according to UNCTAD. The increase in greenhouse gas (GHG) and air pollutants emissions by international shipping is notably driven by this growth in seaborne trade. The shipbuilding and marine equipment industries are expected to play a large role for the improvement of the environmental performance of ocean-going vessels by focusing on this goal in their research, development and production activities. 

The IMO has played a key role in the development of international regulation and practical measures tackling GHGs emissions, air pollution, and the spread of invasive aquatic species. Many of these impacts can be mitigated thanks to the investment in green technologies. Regional and national policies have also been implemented to boost innovation and to encourage the application of greener technologies. In addition to the effort made by the public sector, private sector initiatives can boost greener shipping notably by encouraging end customers to choose maritime freight transport carried by greener vessels.

These actions at international, regional and national levels not only impose a burden on maritime industries but also boost demand for new building, repairing and retrofitting as well as for offshore wind industries. Appropriate ship finance is an important element of the sustainable development of greener shipbuilding and machinery industries. 

The workshop is expected to contribute to better understanding of which role governments could play to help develop greener maritime industries. It will notably allow participants to discuss how maritime industries can address environmental challenges, and what are the main driving forces and barriers to invest in greener technologies.

The workshop is part of the first OECD Ocean Economy Week (20-24 November 2017), which also includes the 2017 OECD Green Growth and Sustainable Development (GGSD) Forum focusing on ‘Greening the Ocean Economy’ and the OECD Conference on New Approaches to Evaluating the Ocean Economy under the Innovation and Ocean Economy Project.



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