Maritime transport is an essential component of economic development in Latin America and the Caribbean (LAC). However, the sector is a significant contributor to greenhouse gas (GHG) emissions, exacerbating global climate change. In response to this environmental challenge, the International Maritime Organization (IMO) has formulated a strategy to curtail emissions from international shipping, presenting both obstacles and opportunities for the LAC region. This research seeks to examine viable pathways for the decarbonization of maritime transport in LAC, evaluate the ramifications of the IMO strategy, and propose policy recommendations for regional stakeholders to facilitate a transition towards sustainable maritime operations.
Project Detail
Country
Regional
Project Number
RG-T4775
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
TRANSPORT
Subsector
PORT INFRASTRUCTURE
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 250,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 250,000.00