Goelz and Hess detailed ZEMBA’s critical progress in its first two years, including the facilitation of two tender processes. They also hinted at ZEMBA’s possible next steps.
Read an excerpt below:
In less than two years, the Zero Emission Maritime Buyers Alliance (ZEMBA) has accomplished what many in the maritime sector saw as an impossible goal – bringing together the industry’s customers for more sustainable solutions. Through ZEMBA’s tender processes, members are paying a premium to reduce their shipping emissions in a strategic manner that accelerates the most scalable and long-term economically viable clean energy solutions for the sector. As we approach the conclusion of ZEMBA’s second tender – and given the geopolitical challenges facing the global clean energy transition – the role that ZEMBA plays by delivering concrete, collective private sector investment in scalable, measurable, on-the-water emissions reduction is more important than ever.