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began with infrastructure. Through our *Accuracy in emission values:
subsidiary, UltraGas & Energy, we are Emission values must accurately reflect
building a nationwide LNG refuelling real-world well-to-wake emissions.
network to ensure dependable access The regulation should apply penalties
to cleaner fuel across key transport or rewards in proportion to each fuel's
corridors. In parallel, we are rapidly emissions, ensuring that the carbon
expanding our fleet of LNG-powered intensity of fuels is accurately reflected
and electric trucks. These vehicles in regulatory costs.
reduce CO₂ emissions by up to 30 *Sufficiently high emission reduction
percent and N₂O emissions by up to trajectory: To encourage the adoption
59 percent, while offering operating of green fuels with the necessary pace
costs on par with diesel trucks—making to meet IMO 2023 GHG targets, the
sustainable transport a commercially regulation must ensure sufficiently high
viable alternative.” reduction targets on its way to net zero
Our shift to alternative in 2050; and
Regulatory challenges fuel vehicles for first *Strong financial measures: The
and way ahead and last-mile deliveries combined levy and remedial unit price
To truly accelerate sustainable reflects a strategic must at least equal the marginal
operations in the logistics and port abatement cost of green fuels and
sector, regulatory authorities need to move toward reducing technologies, ensuring that compliance
create an enabling policy environment emissions while with the regulations is more cost-
that rewards long-term environmental optimising long-term effective than paying for non-compliance.
responsibility, says Jain of DP World. operational efficiency. Widge says: "Last month, the
"This includes offering incentives such International Maritime Organisation
as tax benefits or low-cost financing Ketan Kulkarni (IMO) member states reached an
for investments in renewable energy, Gati Express and Supply Chain agreement on the text for the first
electrification of port equipment and global greenhouse gas pricing
low-emission transport solutions. framework of any sector. The
Simplifying access to renewable energy agreement needs to be formally
through open access frameworks adopted in October to enter into force.
and streamlined approvals is critical, "The agreement text sets the penalty
especially in a sector that operates on price at $380 and the GHG price at
large-scale, continuous power needs. $100 for ships in the lower compliance
"Authorities can also play a crucial band. While this falls short of the $600
role by standardising carbon emissions level Maersk had advocated for, it is
reporting across the industry, aligning a stronger outcome than the initial
it with globally recognised frameworks positions. At Maersk, we applaud the
such as the Science Based Targets IMO Secretariat's fantastic effort and
initiative (SBTi), which helps ensure skill and the many delegations' very
accountability and transparency. Finally, constructive approach. Hopefully, this
promoting green finance through example of constructive global action
mechanisms like blue or green bonds The logistics sector - can inspire other hard-to-abate sectors.”
can mobilise significant capital toward still heavily reliant on While cost considerations have
sustainable infrastructure. diesel-powered vehicles traditionally challenged green logistics,
"With the right policy support, the - often faces resistance Kulkarni of Gati feels on-ground
industry can transition much faster due to the high capital experience shows that sustainable
toward carbon neutrality and become costs of alternative-fuel transport solutions can deliver
a key contributor to national and global measurable value. “With progressive
climate goals." trucks, limited refuelling policies such as the Maharashtra EV
To close the price gap between green infrastructure and Policy providing strong institutional
and fossil fuels on a well-to-wake general hesitation around support, the path is clearer than
basis and ensure the uptake of green technological transitions. ever for the logistics sector to scale
fuels, Maersk believes three critical sustainable mobility and develop
elements must be incorporated into the Anand Mimani a future-ready, environmentally
regulatory framework: GreenLine Mobility Solutions responsible supply chain."
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