Publication: The Potential of Zero-Carbon Bunker Fuels in Developing Countries
dc.contributor.author | Englert, Dominik | |
dc.contributor.author | Losos, Andrew | |
dc.contributor.author | Raucci, Carlo | |
dc.contributor.author | Fricaudet, Marie | |
dc.contributor.author | Smith, Tristan | |
dc.date.accessioned | 2021-04-14T18:15:42Z | |
dc.date.available | 2021-04-14T18:15:42Z | |
dc.date.issued | 2021-04-15 | |
dc.description.abstract | To meet the climate targets set forth in the International Maritime Organization’s Initial GHG Strategy, the maritime transport sector needs to abandon the use of fossil-based bunker fuels and turn toward zero-carbon alternatives which emit zero or at most very low greenhouse gas (GHG) emissions throughout their lifecycles. This report, “The Potential of Zero-Carbon Bunker Fuels in Developing Countries”, examines a range of zero-carbon bunker fuel options that are considered to be major contributors to shipping’s decarbonized future: biofuels, hydrogen and ammonia, and synthetic carbon-based fuels. The comparison shows that green ammonia and green hydrogen strike the most advantageous balance of favorable features due to their lifecycle GHG emissions, broader environmental factors, scalability, economics, and technical and safety implications. Furthermore, the report finds that many countries, including developing countries, are very well positioned to become future suppliers of zero-carbon bunker fuels—namely ammonia and hydrogen. By embracing their potential, these countries would be able to tap into an estimated $1+ trillion future fuel market while modernizing their own domestic energy and industrial infrastructure. However, strategic policy interventions are needed to unlock these potentials. | en |
dc.identifier | http://documents.worldbank.org/curated/en/110831617996384433/Potential-of-Zero-Carbon-Bunker-Fuels-in-Developing-Countries | |
dc.identifier.doi | 10.1596/35435 | |
dc.identifier.uri | https://hdl.handle.net/10986/35435 | |
dc.publisher | World Bank, Washington, DC | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo | |
dc.subject | DECARBONIZING MARITIME TRANSPORT | |
dc.subject | BUNKER FUEL | |
dc.subject | AMMONIA AND HYDROGEN | |
dc.subject | BIOFUEL | |
dc.subject | SYNTHETIC FUEL | |
dc.subject | ZERO-CARBON FUEL | |
dc.subject | GREENHOUSE GAS EMISSIONS | |
dc.subject | AIR QUALITY | |
dc.subject | BLUE AMMONIA | |
dc.subject | GREEN AMMONIA | |
dc.subject | RENEWABLE ENERGY | |
dc.subject | NATURAL GAS | |
dc.title | The Potential of Zero-Carbon Bunker Fuels in Developing Countries | en |
dc.type | Report | en |
dc.type | Rapport | fr |
dc.type | Informe | es |
dspace.entity.type | Publication | |
okr.associatedcontent | https://openknowledge.worldbank.org/handle/10986/35437 Role of LNG in the Transition Toward Low- and Zero-Carbon Shipping | |
okr.associatedcontent | https://openknowledge.worldbank.org/handle/10986/35436 Charting a Course for Decarbonizing Maritime Transport | |
okr.crossref.title | The Potential of Zero-Carbon Bunker Fuels in Developing Countries | |
okr.date.disclosure | 2021-04-15 | |
okr.date.doiregistration | 2025-05-07T09:11:02.212451Z | |
okr.doctype | Publications & Research::Working Paper | |
okr.doctype | Publications & Research | |
okr.guid | 110831617996384433 | |
okr.identifier.report | 158013 | |
okr.language.supported | en | |
okr.region.country | Brazil | |
okr.region.country | India | |
okr.region.country | Malaysia | |
okr.region.country | Mauritius | |
okr.topic | Transport::Transport Economics Policy and Planning | |
okr.topic | Energy::Fuels | |
okr.topic | Environment::Air Quality & Clean Air | |
okr.topic | Environment::Climate Change Mitigation and Green House Gases | |
okr.topic | Environment::Marine Environment | |
okr.unit | SCCAO |