Net Zero Industry Tracker 2024 Shipping
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Endnotes
150. International Energy Agency (IEA). (n.d.). International shipping. https://www.iea.org/energy-system/transport/
international-shipping.
151. International Energy Agency (IEA). (2024). World Energy Outlook 2024. https://iea.blob.core.windows.net/
assets/47a9a222-78e4-4c43-9bab-977b4ad5326b/WorldEnergyOutlook2024.pdf.
152. IRENA. (2021). A pathway to decarbonize the shipping sector. https://www.irena.org/-/media/Files/IRENA/Agency/
Publication/2021/Oct/IRENA_Decarbonising_Shipping_2021.pdf.
153. Lin, M. (2023). PATH TO NET ZERO: Major shipping firms show ambition in hard-to-abate sector. https://www.spglobal.com/
commodityinsights/en/market-insights/latest-news/shipping/111423-path-to-net-zero-major-shipping-firms-show-
ambition-in-hard-to-abate-sector; DNV. (2023). Industry Insights: Challenging road ahead for retrofitting to dual-fuel
engines. https://www.dnv.com/expert-story/maritime-impact/challenging-road-ahead-for-retrofitting-to-dual-fuel-engine/.
154. International Energy Agency (IEA). (2024). World Energy Outlook. https://iea.blob.core.windows.net/assets/47a9a222-
78e4-4c43-9bab-977b4ad5326b/WorldEnergyOutlook2024.pdf.
155. Ibid.
156. IMO. (2023). Revised GHG Reduction Strategy for Global Shipping Adopted. https://www.imo.org/en/MediaCentre/
PressBriefings/pages/Revised-GHG-reduction-strategy-for-global-shipping-adopted-.aspx.
157. Ibid.
158. Ibid.
159. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Methanol-fuelled ship engine.
https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=7c4f84c2.
160. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Hydrogen-fuelled engine.
https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=24431048;
International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Ammonia-fuelled ship engine.
https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=list&selectedTechID=3be79868.
161. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Battery electric ship. https://www.iea.org/
data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=74d18fae.
162. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Proton exchange membrane.
https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=2d4c79b4.
163. Mission Possible Partnership (MPP). (2024). MPP Global Project Tracker. https://tracker.missionpossiblepartnership.org/
mpp-global-projects-map/.
164. Ibid.
165. Lin, M. (2023). PATH TO NET ZERO: Major shipping firms show ambition in hard-to-abate sector. https://www.spglobal.com/
commodityinsights/en/market-insights/latest-news/shipping/111423-path-to-net-zero-major-shipping-firms-show-
ambition-in-hard-to-abate-sector; DNV. (2023). Industry Insights: Challenging road ahead for retrofitting to dual-fuel
engines. https://www.dnv.com/expert-story/maritime-impact/challenging-road-ahead-for-retrofitting-to-dual-fuel-engine/.
166. World Shipping Council. (n.d.). Delivering net zero by 2050 with the Green Balance Mechanism.
https://www.worldshipping.org/green-balance-mechanism.
167. International Energy Agency (IEA). (2023). Aviation and Shipping. https://www.iea.org/reports/aviation-and-
shipping#dashboard.
168. Accenture analysis as per IRENA. (2021). A Pathway To Decarbonise The Shipping Sector By 2050.
https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2021/Oct/IRENA_Decarbonising_Shipping_2021.pdf .
169. International Energy Agency (IEA). (2023). Aviation and Shipping. https://www.iea.org/reports/aviation-and-
shipping#dashboard.
170. Ibid.
171. International Energy Agency (IEA). (2024). World Energy Outlook. https://iea.blob.core.windows.net/assets/47a9a222-
78e4-4c43-9bab-977b4ad5326b/WorldEnergyOutlook2024.pdf.
172. Accenture calculations based on International Energy Agency (IEA). (2024). World Energy Outlook.
https://iea.blob.core.windows.net/assets/47a9a222-78e4-4c43-9bab-977b4ad5326b/WorldEnergyOutlook2024.pdf.
173. International Energy Agency (IEA). (2024). World Energy Outlook. https://iea.blob.core.windows.net/assets/47a9a222-
78e4-4c43-9bab-977b4ad5326b/WorldEnergyOutlook2024.pdf.
174. UNCTAD. (2023). Bold global action needed to decarbonize shipping and ensure a just transition: UNCTAD report.
https://unctad.org/news/bold-global-action-needed-decarbonize-shipping-and-ensure-just-transition-unctad-report.
175. Yara International. (2023). The World’s First Clean Ammonia-Powered Container Ship. https://www.yara.com/corporate-
releases/the-worlds-first-clean-ammonia-powered-container-ship/.
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