Page 39 - LISW19 Post-Event Report
P. 39

At the International Chamber of Shipping’s 2019 Conference, entitled Setting the Course for 2050: Powering Global Trade, in uential speakers from around the world challenged the shipping community to fully explore the options open to the industry and the decisions it must make as it is confronted with the reality of powering global trade without the use of fossil fuels – decisions which will have implications beyond the sector’s own boardrooms. Exploring this ‘Fourth Propulsion Revolution’ the packed agenda covered climate science, research and development,  nance, policy instruments and the role of the Global Maritime Value Chain. Key speakers included Maritime Minister Nusrat Ghani MP, Kitack Lim, Secretary-General of the International Maritime Organization,
Lord Turner of Ecchinswell, Chair of the Energy Transitions Commission, Dr Rhian-Mari Thomas OBE, CEO of the Green Finance Institute and Emanuele Grimaldi, President and Managing Director of Grimaldi Group S.p.A. Concluding his welcome address Grimaldi warned: “Without
the support of consumers, policymakers, the  nance community and suppliers the Fourth Propulsion Revolution will be sti ed. We must all work together to mitigate the risk of transformation. Risk is our common language. And we need to reach beyond our own community to ensure that the risk is equitably allocated and priced.”
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