According to the Global Centre for Maritime Decarbonisation (GCMD), improving energy efficiency is a no-regrets approach when it comes to minimising fuel consumption and its associated costs.
Closing the data-financing gap can turbocharge maritime Energy Efficiency Technologies (EET) retrofits. But commercial barriers that are a result of business-as-usual operations in the industry are limiting the scaling of energy efficiency technologies in shipping. The inability to quantify variable performance of EETs alongside split incentives are hindering investments into new and high potential EETs.
A new whitepaper from GCMD explores how a Pay-As-You-Save (PAYS) financing mechanism, combined with best-in-class data standards, can turbocharge EET adoption. The paper aims to show that the data-financing gap is plaguing EET adoption and PAYS, built upon shared-risk contractual agreements, can stimulate third party investment into EET.
The whitepaper can be downloaded here.
Image: GCMD whitepaper (source: GCMD)
