A.P. MOLLER FOUNDATION CONTRIBUTES MORE TO ADVANCE DECARBONISATION

Jun 28, 2022 | Marine environment & clean shipping news

The Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping has received a second donation, worth DKK 320m, from the A.P. Møller and Chastine Mc-Kinney Møller Foundation in recognition of the Centre’s ability to accelerate the decarbonization of the maritime industry through collaboration and leadership of change.

This donation comes on top of the DKK 400m the Centre received as start-up funding when it launched in June 2020. The total donation of DKK 720m confirms the A.P. Moller Foundation’s desire to see global shipping take responsibility and play an active role in the fight against climate change.

Chairman, A.P. Moller Foundation Ane Mærsk Mc-Kinney Uggla said: “The shipping industry has an obligation to act forcefully but the dimension of the challenge calls for collaboration and willingness to take risks in developing a zero-carbon future. The Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping has quickly developed into a truly important, global collaboration platform and has attracted a strong network of partners that all commit to actively accelerating the transition. The Centre carries the name of my father Mærsk Mc-Kinney Møller and these visionary leaders from across the maritime eco system share his feeling of constant care, addressing one of humanity’s most important issues through concrete action.”

Over the first two years the Centre has established itself as a global, independent collaboration platform where around 100 employees and experts from the partner companies come together in the office in Copenhagen. United by a shared mission to decarbonise the maritime industry the team collaborates across sectors, industries, and geographies to address the technological barriers and advocate for the needed regulatory reform.

CEO Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping, Bo Cerup-Simonsen said: “We are humbled and honoured by the support and faith shown in the Centre by the A.P. Moller Foundation. The two donations of DKK 720m in total give us the opportunity to continue working as an independent driver of the transition, develop our team and continue accelerating the solutions that are the best for the planet long term. This is not only a huge privilege but also a key enabler when leading change with a lot of political and commercial interests in play. The climate does not have time to spare, and we are eager to work with our partners and the entire maritime eco system to ensure that this donation is transferred into real climate action and a greener future for shipping.”

The Mærsk Mc-Kinney Møller Centre for Zero Carbon shipping is a not-for-profit organisation and funding includes co-funding by strategic partners, government funds, philanthropic funding and commercial activities. The donation from the A.P. Moller Foundation will contribute to the continued operations of the Centre’s activities across three work programmes focusing on increased adoption of energy efficiency measures in shipping, maturation of alternative marine fuel pathways and support to first movers including creation of green corridors that enable green shipping routes.

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