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Together We Can Decarbonize Ocean Shipping

Through coZEV, companies are raising ambition and joining forces to eliminate the climate impact of maritime shipping.

Cargo Owners for Zero Emission Vessels (coZEV) is a first-of-its-kind cargo owner-led network to enable maritime freight customers to come together to accelerate maritime shipping decarbonization through a series of actions and projects.

Roadmap to 2040

Send Demand Signals for Zero Emission Shipping

coZEV will grow the number of cargo owners involved with coZEV workstreams to demonstrate the increasing business case for zero emission shipping and develop mechanisms to recognize catalytic action and investment taken by cargo owners toward maritime decarbonization.

Support Green Shipping Corridor Development

Climate-leading cargo owners have a crucial role to play in the development of Paris-aligned green shipping corridors. The coZEV green corridor advisory board will provide cargo owners the opportunity to shape the ambition, development and implementation of green corridor collaborations around the world.

Join Zero Emission Maritime Buyers Alliance

coZEV is launching the Zero Emission Maritime Buyers Alliance (ZEMBA) to accelerate commercial deployment of zero-emission shipping, enable economies of scale, and maximize cargo owners’ collaborative emissions reduction potential beyond what any one freight buyer could accomplish alone.

Support Shipping Decarbonization Policy

Climate-leading cargo owners have a vested interest in ensuring that the transition to zero emission shipping is smooth, fast, and economically viable. A new coZEV cargo owner policy coalition will inform decision makers about strategies and policy measures needed to build confidence and provide pathways to fully decarbonize shipping in line with the Paris Agreement 1.5°C trajectory.

Leaders of the Movement to Decarbonize Shipping Set An Ambitious 2040 Target

The coZEV 2040 Ambition Statement clarifies that companies:

Aim to lead this transition by decarbonizing their own maritime freight by 2040, a target well-aligned with a Paris Agreement 1.5°C trajectory
Call for full decarbonization of the maritime sector by 2050 at the latest
Ask supply chain partners and policymakers around the world to take swift and ambitious action to bring zero-carbon shipping solutions to scale

Read more about the Initiatives:

Initiatives Download PDF