The Norwegian government has proposed a new climate target for 2035, and we have submitted an official consultation response: Advocating for a separate, legally binding climate target of at least a 60 % emissions reduction by 2035 to ensure a green transition and maintain Norway’s competitive advantage in maritime industries.
Shipping Is in a Unique Position
Shipping is a global industry regulated by the International Maritime Organization (IMO), which has adopted an ambitious climate strategy: a 70 % emissions reduction by 2040 and net zero by 2050. Additionally, the EU is tightening its regulations, including emissions trading and the FuelEU Maritime initiative.
This means that Norwegian shipping must act quickly to stay competitive. However, Norway’s current domestic shipping sector goal of a 50 % reduction by 2030 is only politically anchored – it is neither legally binding nor submitted under the Paris Agreement.
– Norway should legislate a specific climate target for shipping by 2035, says Reber Iversen, Policy and Project Manager at Maritime CleanTech.
Predictability for the Industry
A legally binding target would provide much-needed predictability for the maritime industry, which is currently making critical investment decisions.
– We must ensure that Norwegian shipping has a clear framework for green transition. A long-term and binding climate target for shipping would strengthen Norway’s competitiveness and stimulate investments in sustainable solutions, says Iversen.
Norway already has a world-leading maritime industry in climate technology. Maritime CleanTech has secured over € 100 million in EU funding for innovative zero-emission shipping projects.
A Call to Action for the Government
Maritime CleanTech believes that a new shipping climate target must be ambitious yet realistic. An intensity-based target could also be relevant to accommodate industry growth.
– We have a unique opportunity to lead the way in the green maritime transition. Now, the government must provide clear frameworks and incentives for the industry to succeed, Iversen states.
Maritime CleanTech recommends that Norway legislate a separate climate target for domestic shipping of at least a 60 % emissions reduction by 2035 as a key part of its broader climate policy.
Our CEO, Ada Martine Jakobsen, also published an opinion piece (in Norwegian) about Maritime CleanTechs’ view, which you can read here.
Read the full Consultation Response for the 2035 Climate Targets here.