IRENA: A Pathway to Decarbonise the Shipping Sector by 2050 | 2021

This report by the International Renewable Energy Agency (IRENA) explores the options and actions needed to progress towards a decarbonised maritime shipping sector by 2050 and seeks to identify a realistic mitigation pathway consistent with a wider societal goal of limiting global temperature rise to 1.5°C (degrees Celsius) and bringing CO2 emissions closer to net zero by mid-century. This report discusses the following:

  • Market dynamics and trends, trade volumes, associated energy demand, and CO2 emissions
  • Technology readiness and cost of relevant renewable energy fuels
  • The long-term decarbonisation pathway by 2050 and its implications 04 Enabling actions to raise the decarbonisation ambition