G7 Nations Pledge to Support Decarbonization of Shipping

The G7 Energy and Environment Ministers’ meeting in Sapporo Japan ended on Sunday, with new announcements being made to accelerate adoption of offshore energy and clean fuels in the transport industry.

During the weekend meeting, the G7 ministers reiterated the importance to significantly increase the pace and scale of deployment of renewable energy. The G7 has so far contributed in expanding the renewable energy base, specifically through a collective increase in offshore wind capacity of 150 GW by 2030 based on each country’s existing targets.

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