Archived Webinar

Zero-emission shipping: The potential for zero-emission bunker fuel production in developing countries [for IMO policy-makers]

If international shipping was a country, it would be the sixth largest emitter of greenhouse gases (GHG) worldwide – ranking between Germany and Japan. Under a business-as-usual scenario, the International Maritime Organization (IMO) estimates that the sector’s GHG emissions may rise by another 50-250% over the coming 30 years.



As a consequence, the IMO therefore committed in April 2018 to reduce GHG emissions from ships by at least 50% by 2050 compared to 2008 levels and to phase out the industry’s GHG emissions as quickly as possible within this century. While energy efficiency will play a crucial role in reaching these climate targets, it is likely to be insufficient to halve the GHG emissions in a continuously growing shipping sector by 2050, and certainly insufficient to completely decarbonize the sector shortly after.



A transition to new zero-emission bunker fuels that provide a viable alternative to the currently predominant heavy fuel oil will be required. Promising fuel candidates are currently synthetic fuels such as hydrogen or ammonia or biofuels. The viability of these new zero-emission bunker fuels will, however, be dependent on a number of geographic, macroeconomic, and industrial factors.



As a consequence, the World Bank and University Maritime Advisory Services have started a global assessment to identify developing countries which may be best positioned to consider becoming producers and suppliers of the next emissions-free generation of bunker fuels. After having identified developing countries with extraordinary potential, the assessment will analyze three countries in more detail in the form of case studies and illustrate how zero-emission bunker fuel supply from these countries could be imagined in the future



The webinar will discuss the following questions:



  • Which candidate fuels should be considered for an assessment of country potential around the world?
  • How could the potential to produce zero-emission bunker fuels be assessed on a country-by-country basis?
  • Which developing countries are likely to offer extraordinary potential for becoming producers of zero-emission bunker fuels?
  • How could this potential be transformed in a real business opportunity in one of the countries with extraordinary potential?


In this webinar, experts from the World Bank and University Maritime Advisory Services will present how they are analyzing the potential of developing countries to become potential producers of zero-emission bunker fuels. Insights will be given in the methodology applied and preliminary findings will be shared. The presenters will invite webinar participants to ask questions and provide feedback that can enhance the current research process.

Presenter Resources

About the Presenters

Andrew Losos

Andrew is a senior specialist in sustainable transportation at the World Bank. He holds a master’s in environmental studies from York University and a bachelor’s of engineering from the University of Toronto. He has worked in transport for over twenty years, environment for fifteen, and climate change for twelve. For the past eight years he has managed World Bank investment operations and research products in Africa, the Middle East, Latin America and the Caribbean. Prior to joining the bank he worked to tackle the sustainability challenges of transport in a variety of roles in the public and private sectors in Canada and abroad, and had a past career as a naval officer.

Dominik Englert

Dominik has turned his passion for fighting climate change into his profession. In his efforts to decarbonize the global economy, he works as an economist in the World Bank’s Climate Change Group in Washington, D.C. As a co-lead of the World Bank’s activities in decarbonizing maritime transport, he mainly focuses on reducing emissions in the shipping sector. Furthermore, he works on developing carbon pricing policies in Côte d’Ivoire and on mainstreaming climate considerations in the World Bank’s project portfolio in East Asia and the Pacific. Prior to joining the World Bank Group, Dominik met the challenges of climate change as a senior advisor for First Climate, a private consultancy based in Zurich. He oversaw the carbon compliance management for large industrials, advised public institutions on climate policy and traded CO2 allowances in the EU and Swiss emissions trading systems. Dominik holds three master’s degrees in Finance & Strategy (Sciences Po), International Affairs & Governance (University of St. Gallen) and International Management (Community of European Management Schools).

Tristan Smith

Dr. Tristan Smith, Reader in Energy and Transport at UCL has, since 2010, grown a substantial group focused on modeling and analysis of shipping’s efficiency and emissions. He led the 3rd IMO GHG Study, is lead author of ISO 19030, co-chair of World Bank's CPLC Maritime Thread, and has been involved in numerous projects across the academic, industry and policy domains. The group maintains a number of models including GloTraM, which is used by several multinationals to explore shipping's future scenarios and technology evolution. Along with Dr Simon Davies, he is co-founder of University Maritime Advisory Services (UMAS).

Carlo Raucci

Dr Carlo Raucci is a Principal Consultant leading UMAS’s work on alternative fuels and low carbon technologies for the decarbonisation of the shipping industry. Carlo holds a PhD from the University College London on ‘The potential of hydrogen as a fuel for shipping’. He is currently providing consultancy services assessing shipping future scenarios and providing sustainability strategies for major industry bodies, private companies and governments. He has more than 10 years’ experience of research in the shipping and climate change fields as well as advocacy on energy systems and low carbon transport. He is co-author of the 3rd IMO GHG Study and the Assessment of Fuel Oil Availability Study that informed the IMO’s decision on 0.5% Sulphur limits. He authored several publications on the topic of transition to zero-emissions vessels including the Lloyds Register/UMAS Zero Emissions Vessels - Transition Pathways report and the Getting to Zero Coalition insight report, The scale of investment needed to decarbonise international shipping. Carlo has extensive experience in the development and the commercial deployment of data analytics tools such as a model for assessing the technical and operational evolution of a fleet; a model to assess the uptake of zero-emissions vessels and forecasting future zero-carbon fuels prices. He has previous experience as a consultant managing several projects with the leading national and international companies in the energy, transportation, public administration, aerospace and defence industries. He has a BSc in Management Engineering of Logistic and Production and an MSc in Energy Management Engineering, both from the University of Naples Federico II.

Questions Submitted

jose luis

- Aug 25, 2021
muy bueno


- Jun 5, 2021


- Jan 15, 2021


- May 27, 2020
Good Job


- May 21, 2020

Md. Babar

- Apr 18, 2020


- Apr 6, 2020

Mohammad Nadir

- Apr 3, 2020
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