Ref - IMO-Circular Letter No.4914 24th August - GreenVoyage 2050 Programme
In 2023, MEPC 80 adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships (resolution MEPC.377(80)), reaffirming IMO’s commitment to reducing GHG emissions from international shipping. The 2023 IMO GHG Strategy includes levels of ambition such as achieving net-zero GHG emissions by or around, i.e. close to, 2050, and a commitment to the uptake of alternative zero or near-zero GHG emission technologies, fuels and/or energy sources to represent at least 5% of the energy used by international shipping by 2030
To support the 2023 IMO GHG Strategy, IMO is implementing GreenVoyage2050, a technical cooperation programme that assists developing countries, including small island developing States (SIDS) and least developed countries (LDCs), to reduce GHG emissions from shipping. Phase I of GreenVoyage2050 (2020-2023) supported partnering countries in developing policy frameworks and undertaking feasibility studies for pilot projects to reduce will continue and expand this support, leveraging on funding from its donors (currently Finland, France, Germany, Netherlands (Kingdom of the) and Norway).
Technical assistance for pilot project feasibility studies to reduce GHG emissions from ships through the GreenVoyage2050 Accelerator
Through annual open calls, the GreenVoyage2050 Accelerator will provide technical assistance for pilot projects, specifically for the development of feasibility studies to support the deployment of zero- or near-zero GHG emission solutions on board ships and in ports.
The GreenVoyage2050 Accelerator will not provide direct cash contributions to pilot projects or finance their implementation. Instead, it will support pilot project owners by providing tailor-made technical assistance for feasibility studies up to $250,000 per selected pilot project.
GreenVoyage2050 formally invites applications from Member States interested in submitting ideas for pilot project feasibility studies within their jurisdictions that will benefit from technical assistance. Please refer to the attached circular for further information.