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Hapag-Lloyd wants a more ambitious 2050 climate target

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The shipping industry must be more ambitious and deliver on its climate targets before 2050. If not, the industry will fail to comply with the Paris Climate Accord, says Hapag-Lloyd, which considers setting a new 2050 target.

Germany's Hapag-Lloyd thinks the shipping industry should achieve the CO2 reduction currently being decided upon far before 2050, which is otherwise being used as a current reference point.

The carrier does not think the industry can live up to the Paris agreement's stated target to limit global warming to two degrees Celsius, and, if possible, 1.5 degrees, unless the target year is moved up, Hapag-Lloyd informs ShippingWatch without naming a specific year.

"With regard to the IMO2050 target, we think the industry must achieve this goal even before 2050 in order to implement the Paris Agreement," the company states in a comment. [...]


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