GreenVoyage2050 Accelerator

 

The aim of the GreenVoyage2050 Accelerator is to advance the deployment of low and zero carbon solutions on-board ships and in ports by supporting the development and implementation of pilot projects. In general, the identification and development of pilot projects go through the following process:

Accelerator Process

Frequently asked questions about the GreenVoyage2050 Accelerator:

Q: Does the Accelerator provide funding for the pilot project?

Not directly. The Accelerator is not in a position to fund the pilot project itself (there is no provision of cash contributions). However, the Accelerator provides support to pilot project owners through the provision of technical assistance. Also, the Accelerator connects pilot project owners to financial institutions who may be able to provide loans or grants. The Accelerator can also assist with raising awareness to secure funding.

 

Q: What criteria do pilot projects have to meet to receive support under the GreenVoyage2050 Accelerator?

To be considered for support through the Accelerator, the project:

  1. Must be driven by a strong pilot project owner (e.g. ship owner/cargo owner/port authority who will ultimately make an investment into implementation of the project).
  2. Must deliver significant GHG reductions from vessels / in ports.
  3. Must be mature. The Accelerator will not engage in projects that are in R&D stage. The Accelerator provides support for projects that could be readily initiated once the pilot study confirms the economic / technical / environmental feasibility.
  4. Must be aligned with existing national policies to reduce emissions.
  5. Must have innovative aspects for the country (e.g. technology, processes, services, integrated systems).
  6. Must hold high potential to scale-up and to be able to replicate the project in the future.
  7. Should use local companies for production / installation (as much as feasible).

 

Q: What type of support is available?

  • Provision of policy, regulatory and technical advisory services
    • Provision of support in undertaking economic / technical / environmental feasibility studies.
    • Sharing of information, knowledge and best practice.
  • Matchmaking of projects and funding sources
    • Provision of support to pilot project owners in securing finance more efficiently.
    • Sharing of experience in project financing; identify / engage with financial institutions / investors.
  • Making the needed network connections, for example: linking pilot project owners to government entities, policy makers and private sector.
  • Branding and outreach, for example: promotion of all pilot projects through IMO and partner channels.
  • Provision of administrative support, for example: coordination of pilot project preparation work, connecting to stakeholders, organizing meetings.
  • Experience sharing, knowledge building and training provision by the GreenVoyage2050 technical team.

 

Q: Who is eligible for support under the GreenVoyage2050 Accelerator?

Pilot projects must be in partnering countries of the IMO-Norway GreenVoyage2050 project, which at present, are:

Belize flag Belize China flag China
Cook Islands flag Cook Islands Georgia flag Georgia
India flag India Kenya flag Kenya
Malaysia flag Malaysia Solomon Islands flag Solomon Islands
South Africa flag South Africa

Support from the GreenVoyage2050 Accelerator is channeled through the Government in those countries.

 

Q: How can I find out more about submitting a proposal for pilot projects in my country?

If the country in which you would like to establish a pilot project is in the list of partnering countries of the IMO-Norway GreenVoyage2050 project, contact the lead agency involved which are accessible on our page outlining the partnering countries. These lead agencies can then reach out to the GreenVoyage2050 Project for support and assistance.

 

Q: What type of pilot projects does the GreenVoyage2050 Accelerator support?

It varies! Types of pilot projects supported by the Accelerator can range from the installation of technologies on board vessels, to the purchasing of new green vessels as part of a fleet renewal. Pilot projects could include battery-hybrid power for propulsion or the use of alternative fuels, for example. The most important aspect for the Accelerator is that there is a strong commitment from the pilot project owner, who will ultimately make the investment to realize/implement the pilot. For examples of current ongoing pilot projects receiving support from the GreenVoyage2050 Accelerator, see the list below:


Batumi Seafront

Georgia Georgia flag

Pilot Project 

Exploring the potential for the establishment of a new domestic passenger ferry route connecting several cities along the Black Sea coast to reduce road congestion and emissions, particularly during high tourist season.

National Lead Agency

Maritime Transport Agency of Georgia, Ministry of Economy and Sustainable Development of Georgia

National Partners

Mayor of Batumi Municipality

GreenVoyage2050 Accelerator support

  • Financing and co-developing a pilot project feasibility study to assess green technology options and business models for a new, green ferry route.

 

Assam ferry

India India flag

Pilot Project 

Exploring low and zero carbon alternatives for the ferry sector in the State of Assam to make waterways safer and greener.

This will include the construction of new terminals, new domestic passenger routes and the procurement of new passenger ferries.

National Lead Agency

India Directorate General of Shipping

National Partners

Directorate of Inland Waterway Transport, Assam

Assam Inland Waterway Transport Development Society

World Bank

GreenVoyage2050 Accelerator support

  • Financing and co-developing a pilot project feasibility study to assess green technology options and business models for a domestic passenger route.
  • Support towards the development of technical specifications for the procurement of two hybrid-electric ferries for the Guwahati-North Guwahati ferry route.

 

PTP

Malaysia Malaysia flag

Pilot Project 

Exploring Malaysia’s potential as a producer of alternative, low and zero marine fuels.

National Lead Agency

Malaysia Marine Department, Ministry of Transport

National Partners

IMO-PEMSEA Blue Solutions project

Maritime Institute of Malaysia

Port of Tanjung Pelepas (PTP)

GreenVoyage2050 Accelerator support

  • Financing and co-developing a study to explore Malaysia’s potential as a supplier of alternative marine fuels (looking into technical feasibility at a national level and economic opportunities).
  • Financing and co-developing a feasibility study for greening of harbor crafts in the Port of Tanjung Pelepas as a pilot, including general recommendations for other ports in Malaysia.

 

Solomon Islands Ships

Solomon Islands Solomon flag

Pilot Project 

Greening of the Solomon Islands domestic fleet through a Ship Energy Efficiency Campaign.

National Lead Agency

Solomon Islands Maritime Administration

National Partners

National ship owners and operators

GreenVoyage2050 Accelerator support

  • Co-developing a Solomon Islands National Action Plan (NAP) for sustainable and cost-efficient maritime transport, with subsequent adoption of the NAP.
  • Co-developing of a Ship Energy Efficiency Campaign.
  • Rolling out of a Ship Energy Efficiency Campaign, supporting domestic ship owners to reduce fuel consumption and trial new solutions through capacity building and hands-on training on-board.

 

SEAH4

South Africa South africa flag

Pilot Project 

Development of sustainable biofuels from macro algae / sea lettuce farmed on low-lying desert shores.

The concept has potential to be scaled-up and replicated along coastal shores across the African continent.

National Lead Agency

Department of Transport

National Partners

South African Maritime Safety Authority

SEAH4 (startup technology company)

GreenVoyage2050 Accelerator support

  • Supporting the identification of potential cargo owners / fuel off-takers (e.g., Saldanha harbor tugs)
  • Co-developing a business case for algae biofuel for the maritime sector.
  • Providing support in securing seed finance from national development banks and IFIs for the test farm.

 

SA ETV

South Africa South africa flag

Pilot Project 

Greening South Africa’s government fleet (Emergency Towing Vessels and harbor crafts)

National Lead Agency

Department of Transport

National Partners

South African Maritime Safety Authority

GreenVoyage2050 Accelerator support

  • Supporting the analysis of green technology options for a newbuild Emergency Towing Vessel (ETV) including the analysis of operating profile of an existing ETV, assessing cost-benefit of differing solutions and the development of a viable business model.
  • Financing and co-developing a feasibility study/assessment of potential options/technologies for South Africa’s wider harbor craft fleet and development of a green harbor craft strategy.