Increasing maritime shipping emissions are a threat to corporate and societal climate goals.
Maritime freight is essential to our economy. 80-90% of cargo is shipped across the ocean. But currently, maritime shipping has an emissions problem. 99% of vessels on the water today operate on fossil fuels. The shipping industry emits 1 billion tons of greenhouse gas annually, equivalent to the emissions from a G7 country. Under business as usual, emissions could rise by 60% by 2050.
To achieve decarbonization by 2050 at the latest, we need a rapid increase in the production and uptake of scalable zero-emission (ZE) fuels and technologies by the maritime sector.
90%
of cargo is shipped across the ocean.
99%
of vessels on the water today operate on fossil fuels.
Barriers to the development of a robust ZE maritime market include:
High initial projected cost of new fuel.
Lack of long-term committed offtake from carriers.
Scattered and short term freight buyer demand.
Slow development of infrastructure to effectively scale solutions.
Insufficient policy support to accelerate the transition to scalable, long-term solutions.
ZEMBA is the Catalytic Solution
The Zero Emission Maritime Buyers Alliance (ZEMBA) is working to bridge the classic “Valley of Death” that many new markets face between research & development and robust commercial deployment. By collaborating to commit offtake and make advanced market commitments to new fuels and technologies, ZEMBA is incentivizing the development of a new ZE market and spurring investment in scalable long-term fuel solutions, which will enable an economically viable transition.
Trusted by 40+ of the world’s climate-leading companies
Collective Procurement of Zero-Emission Shipping
Going it alone won’t amount to much. But collective action among freight buyers through ZEMBA is a proven pathway to help kickstart a strong and competitive ZE market, credibly reduce your company’s Scope 3 emissions, and lower long-term costs of the transition by channeling investment toward the most scalable fuels and technologies.
No Fees
Join ZEMBA now with no membership fee. It’s an easy yes!
