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Home > All news > Business, International News > IMO : GreenVoyage2050 project extended to 2030

IMO : GreenVoyage2050 project extended to 2030

October 4, 2023
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London - A major project which aims to ensure that no country is left behind in maritime decarbonization is set to continue its work through to 2030, following a large new injection of funding.   

The Government of Norway has confirmed 210 million NOK (US$19.4 million USD) of funds for Phase Two of the IMO GreenVoyage2050 project, in an agreement between Norway and IMO that was signed on 28 September, World Maritime Day, during the IMO-UNEP-Norway Innovation Forum.  

The GreenVoyage2050 project has been implemented by the International Maritime Organization (IMO) since 2019. IMO has been working with selected developing countries around the world, including Small Island Developing States (SIDS) and Least Developed Countries (LDCs), and partnering with maritime-related international associations, other UN organizations, and the industry, to reduce Greenhouse Gas (GHG) emissions from shipping. 

IMO Secretary-General Kitack Lim said, “The extension of this project to the end of 2030 will ensure that developing countries are supported in the maritime decarbonization transition in line with the 2023 IMO GHG Strategy. The ongoing support from Norway will allow us to build on the significant progress already made by the GreenVoyage2050 project in developing countries and drive efforts even further.” 

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