National Centre of Excellence in Green Ports and Shipping

A collaborative platform between Ministry of Ports, Shipping and Waterways (MoPSW) and The Energy and Resources Institute (TERI)

National Centre of Excellence in Green Ports and Shipping

A collaborative platform between Ministry of Ports, Shipping and Waterways (MoPSW) and The Energy and Resources Institute (TERI)

National Centre of Excellence in Green Ports and Shipping

A collaborative platform between Ministry of Ports, Shipping and Waterways (MoPSW) and The Energy and Resources Institute (TERI)

Advocacy of Green Ports and Shipping

Advocacy of Green Ports and Shipping

Advocating for green ports and shipping involves embracing sustainable practices to minimize environmental impact. Market-based measures (MBMs) play a crucial role in steering the industry towards eco-friendly solutions by incentivizing the reduction of greenhouse gas (GHG) emissions through mechanisms like emission trading systems or carbon pricing. This advocacy fosters a commitment to environmental stewardship, encouraging the development and adoption of innovative technologies and practices within shipping and port operations. Actively promoting the integration of MBMs, stakeholders contribute to a collective effort aimed at achieving a more sustainable and environmentally conscious future for the maritime industry.

Simultaneously, international negotiations on MBMs in the shipping sector impact the marginal cost of operation, encouraging the industry to reduce emissions or purchase credits to meet targets and remain competitive. The specific design of an MBM influences the sector’s competitiveness differently, influencing other export-oriented sectors as well. To inform India’s negotiating position on this subject, a careful, technical examination of the challenges and opportunities posed by different MBMs is necessary. Opportunities posed by different MBMs is necessary to inform India’s negotiatiating position on this subject.

India International Cargo Show 2023: Exhibition