Law firm Stephenson Harwood LLP has signed the 'Call to Action for Shipping Decarbonization', which urges governments to take action in order to implement the full decarbonization of international shipping by 2050. It is signed by other leaders and organisations across the maritime industry, including representatives from shipping, cargo, energy, finance, ports and infrastructure.
The Call to Action has been developed by a multi-stakeholder taskforce organised by the Getting to Zero Coalition – a partnership between the Global Maritime Forum, the World Economic Forum, and Friends of Ocean Action. It will be delivered to governments worldwide in November 2021, in advance of COP26 – the 26th United Nations Climate Change conference which will take place later this year in Glasgow, Scotland. In the Call to Action, the signatories call on governments to: commit to decarbonizing international shipping by 2050; support industrial scale zero emission shipping projects through national action; and deliver policy measures that will make zero emission shipping the default choice by 2030.
Stephenson Harwood is recognised as having one of the world’s leading international maritime trade practices, and is a partner of the Global Maritime Forum. With offices in key trading hubs, the firm offers comprehensive, specialist advice with a reputation for strength and depth, and a strong commercial focus. Stephenson Harwood’s lawyers are market-leading and specialists in all aspects of international maritime trade, both contentious and non-contentious, including ship finance, marine insurance and commodities trading.
For more information about the firm's ESG practice and work on maritime decarbonization, contact Haris Zografakis or Archie Campbell.