February 20 ------ Denmark has joined the GreenVoyage2050 donor group with a DKK 7.5 million (about $1.05 million) contribution to support developing countries in reducing greenhouse gas (GHG) emissions from shipping.
As informed, the country has pledged approximately DKK 20 million (about $2.8 million) to the IMO’s GHG TC Trust Fund — a portion of which has been earmarked for activities under the GreenVoyage2050 program. Initiated by the International Maritime Organization (IMO), the GreenVoyage2050 program provides technical assistance, capacity building, and policy support to maritime nations, helping them develop national action plans and undertake feasibility studies for pilot projects. The program was launched by the IMO and the Norwegian government in May 2019.
Denmark was welcomed onboard as a new donor during GreenVoyage2050’s first annual donor meeting since transitioning from a project to a program. The contribution of Denmark to GreenVoyage2050 expands the group of donors that consists of Finland, France, Germany, the Netherlands, and Norway, further strengthening the program’s ability to deliver impact in 2025 and beyond. The support underscores the growing international commitment to accelerating the transition to a greener, more sustainable maritime industry.
During the meeting, the program team provided updates on key milestones, including a new cohort of partnering countries, selected through an open call process for support in either developing a national action plan or assessing the feasibility of pilot projects. Expanded partnerships to support developing countries in exploring maritime alternative fuel production opportunities were also presented at the meeting. The financial status was also reviewed to ensure resource alignment with 2025 priorities.
“The success of GreenVoyage2050 program is built on strong partnerships and the shared commitment of our donors to drive meaningful change. The continued support from our longstanding partners, as well as new commitments such as Denmark’s, ensures that we can help developing countries navigate the transition to low- and zero-carbon shipping. With the momentum we have, 2025 will be a crucial year for delivering tangible progress on the ground where we will turn ambitions into action,” Astrid Dispert, GreenVoyage2050 Program Manager, commented.
Source: offshore-energy.biz
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