How carbon pricing can chart a path to net zero shipping

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The author advocates for the adoption of a legally binding economic mechanism on carbon within the shipping sector to incentivize energy efficiency and the production of cleaner fuels. The document emphasizes that revenues generated from carbon pricing should be disbursed toward green port infrastructure and climate-vulnerable communities to ensure an equitable transition. To achieve speed and scale, the author suggests a hybrid approach where the IMO leverages existing climate finance structures, such as the Green Climate Fund and the Adaptation Fund, to manage and distribute resources to developing nations.

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  • Carbon pricing is presented as a scalable tool that can drive the shipping industry toward net-zero emissions by incentivizing ship operators to adopt energy-efficient practices, reducing fossil fuel reliance, and making zero-emission fuels more cost-competitive.
  • The document argues that revenues from carbon pricing should be used to fund green port infrastructure, sustainable fuel production, and climate mitigation and adaptation in vulnerable regions to create a resilient maritime industry.
  • To ensure a just transition and efficient resource delivery, the author proposes a hybrid funding model where the IMO maintains strategic oversight but utilizes existing governance frameworks like the Green Climate Fund and the Adaptation Fund for disbursement.
  • The implementation of a legally binding carbon pricing measure and a global fuel standard is described as a means to unlock investments in clean technologies and improve the sector's credibility with sustainability-focused stakeholders.

Cite the original document

APA
Stamatiou, N. (2025). How carbon pricing can chart a path to net zero shipping. World Economic Forum. https://www.weforum.org/stories/climate-action/how-carbon-pricing-can-chart-a-path-to-net-zero-shipping/
Chicago
Stamatiou, Natacha. How carbon pricing can chart a path to net zero shipping. World Economic Forum, 2025. https://www.weforum.org/stories/climate-action/how-carbon-pricing-can-chart-a-path-to-net-zero-shipping/.
Wikipedia
{{cite press release |last1=Stamatiou |first1=Natacha |title=How carbon pricing can chart a path to net zero shipping |publisher=World Economic Forum |date=9 April 2025 |url=https://www.weforum.org/stories/climate-action/how-carbon-pricing-can-chart-a-path-to-net-zero-shipping/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{stamatiou2025how, author = {Stamatiou, Natacha}, title = {{How carbon pricing can chart a path to net zero shipping}}, publisher = {World Economic Forum}, year = {2025}, month = apr, url = {https://www.weforum.org/stories/climate-action/how-carbon-pricing-can-chart-a-path-to-net-zero-shipping/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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