Allen & Overy reinforces commitment to climate action by hosting a “Getting to Zero Coalition” working session
23 September 2019
The Coalition is a partnership between the Global Maritime Forum, Friends of the Ocean Action, and the World Economic Forum, and is aimed at bringing together leading partners from across the maritime and fuels value chains, financial institutions, NGOs, think tanks, and governments. They are committed to developing and deploying zero-emission maritime vessels by 2030, and gathered at Allen & Overy’s New York offices to set immediate next steps and strategies for progressing the Coalition’s vision.
Participants in this discussion included representatives from Cargill, Citi, Lloyd’s Register, Maersk, Shell, and Trafigura alongside UCL Energy Institute the Environmental Defense Fund and the Energy Transitions Commission, among others.The Coalition is comprised of more than 80 member organizations made up of 60+ companies, nine supporters and six knowledge partners, as well as ongoing endorsements from 12 governments. Allen & Overy’s expertise in the environmental and shipping industries lends itself well to the firm’s support of this initiative and creates a strong opportunity for the firm to continue expanding its strength in advocating for positive climate action;
“Members of the Getting to Zero Coalition have the breadth and power to fast-track maritime shipping’s transition to zero carbon energy sources. We welcome their bold ambition that serves as a leading example for others to follow.” said Johannah Christensen, Managing Director, Head of Projects & Programmes at the Global Maritime Forum.
Ken Rivlin, head of Allen & Overy’s Global Environmental Law Group, said: “We are delighted to have hosted this important meeting of the “Getting to Zero Coalition”, which is supported by many of our clients who are focused on promoting sustainable long-term economic development in the shipping industry.