A recent study has concluded that institutional investors might play an important role in delivering new sources of capital that are essential if Britain’s domestic shipping industry is to meet mid-century targets for decarbonisation.
The report states that appropriate government support is a likely requirement to access the institutional investment that can help fund a path for the sector to reach net-zero. The British shipping industry’s diverse nature includes a wide array of vessel types, operators and shipowners, as well as terminals and ports, presenting significant challenges in the nation’s maritime decarbonisation goals.
According to experts, the study is the most comprehensive survey of its kind for the UK domestic shipping sector to date. Its recommendations and findings could now provide a significant contribution to helping progress the UK Government’s current objective known as the Clean Maritime Plan.
Using sector case studies, the document discloses that a disproportionately large portion of emissions are attributed to a relatively small sub-sector of vessels, which provides potential for more targeted measures. Ro-ro vessels and Ferries for instance, account for 10 per cent of ships but 50 per cent of emissions from the short-sea and domestic fleets.
UK consumers keen to fund green infrastructure projects by obtaining sustainable assets, often look for professional investment advice in Shropshire, Lincolnshire, and other parts of the country. Wealth managers can help those interested in ESG investments, assembling portfolios that reflect their client’s personal ethics and attitude towards the environment.
