Advancing global maritime decarbonization through financing sustainable maritime transport

Acceleration of financial investments in maritime decarbonization in developing countries (with a focus on SIDS and LDCs), which is expected to lead to future reductions in GHG emissions, a healthier and more sustainable marine environment, and socio-economic benefits such as job creation and improved access to clean energy.
Financial mechanism
GEF
Date of approval
Status
Project approved
Implementing organisations
World Bank
EBRD
Project ID
12112
GEF project type
Medium size
GEF project phase
GEF - 8
GEF Cofinancing
$326.393.750
GEF project grant
$5.000.000
Executing Agencies
IMOEBRD; World Bank