{"id":41015,"date":"2021-11-21T09:06:43","date_gmt":"2021-11-21T14:06:43","guid":{"rendered":"https:\/\/pancanal.com\/?p=41015"},"modified":"2023-09-21T09:15:16","modified_gmt":"2023-09-21T14:15:16","slug":"panama-canal-caps-month-of-sustainability-advocacy","status":"publish","type":"post","link":"https:\/\/pancanal.com\/en\/panama-canal-caps-month-of-sustainability-advocacy\/","title":{"rendered":"Panama Canal Caps Month of Sustainability Advocacy with Preview of Upcoming Decarbonization Measures and Next Steps on Water Solution"},"content":{"rendered":"<p><em>On the heels of COP26, the Panama Canal announces Green Vessel Classification Plan and engagement with the U.S. Army Corps of Engineers for long-term water solution<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-35671 size-full\" src=\"https:\/\/pancanal.com\/wp-content\/uploads\/2022\/03\/CanalConnection-Noviembre2021.jpeg\" alt=\"\" width=\"600\" height=\"337\" srcset=\"https:\/\/pancanal.com\/wp-content\/uploads\/2022\/03\/CanalConnection-Noviembre2021.jpeg 600w, https:\/\/pancanal.com\/wp-content\/uploads\/2022\/03\/CanalConnection-Noviembre2021-300x169.jpeg 300w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p>Five years ago, the Panama Canal\u2019s contributions to the reduction of emissions from the international shipping industry were presented during the International Maritime Organization\u2019s (IMO) 70th Marine Environment Protection Committee session (MEPC 70). Fast forward to this month, the waterway\u2019s efforts have expanded tenfold to respond to the urgency of climate change. This month, the Panama Canal is building on this further, from advocating for shipping decarbonization at the UN Climate Change Conference (COP26) to unveiling a new greenhouse gas emissions classification system aimed at strengthening the waterway\u2019s position as a green corridor for global trade.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/><strong>Expanding Efforts to Support Greener Vessels \u00a0<\/strong><br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>The Panama Canal Administrator Ricaurte V\u00e1squez Morales announced that the Canal would take its efforts another step further, in recognition of the urgency of climate change and the need for accelerated industry and global climate action. While speaking at AAPA Latino in Cartagena, Colombia, on November 30, Administrator V\u00e1squez announced the Panama Canal Green Vessel Classification system, which will include a Greenhouse Gas (GHG) Emissions Fee.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>These changes will build upon the Canal\u2019s existing incentives for sustainable shipping lines, provided through its Green Connection Environmental Recognition Program. This program has evolved from the Green Connection Award, the Environmental Premium Ranking, and the Emissions Calculator.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>The urgency to take climate action is here, and the industry must take an accelerated approach to mitigate the already adverse effects of climate change. By implementing this fee, the Canal acknowledges the environmental impacts of shipping, as well as those in the industry, who are paving the way to minimizing emissions.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>The fee will support investments to guarantee environmental performance standards and aid in making Canal operations carbon neutral.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>Ships will be classified in levels depending on their energy efficiency. The classification and fee will apply to all vessels over\u00a0125 feet (38.1 meters) length overall (LOA). This classification system will incorporate the following three factors that will reduce GHG emissions between 20-100 percent during transit through the Canal:<\/p>\n<ul>\n<li>Energy Efficient Design Index (EEDI)<\/li>\n<li>Efficient operational measures such as the use of Bow Thrusters<\/li>\n<li>Use of Zero Carbon Biofuels or Carbon Neutral Fuels<\/li>\n<\/ul>\n<p>The Canal has held discussions with ship owners directly for transparency, as it evaluates these changes, and will work in partnership with customers to accelerate carbon neutrality.\u00a0This program will align with the International Maritime Organization regulations that promote international plans for decarbonization in the maritime sector.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/><strong>Carbon Neutrality and Digital Transformation at the Panama Canal<\/strong><br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>Meanwhile, Deputy Administrator Ilya Espino de Marotta participated at the TOC Connect Conference on November 3, where she shared updates on the Canal\u2019s ongoing process to reach carbon neutrality, including upcoming plans to consolidate Canal facilities to reduce its carbon footprint by 33 percent. She also shared that, as ships transition to cleaner fuels, the Canal is investing in hybrid tugboats, starting with 10 with potential to include more, which reduces 20 percent of tugboat operational carbon emissions. In addition to hybrid tugboats, the Canal will introduce a fleet of electric vehicles as well. Maintaining and modernizing the Canal\u2019s infrastructure is also a priority for securing a sustainable future.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>For the remainder of the decade, the Canal plans to invest several billion dollars in equipment, infrastructure, technology, and the water solution project, among others. \u00a0This plan will also include a step towards digitizing Canal operations to provide more value for customers. With more data, the Canal can better anticipate customer needs and tailor its operations to sustainable solutions.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/><strong>Advocating for Shipping Decarbonization at COP26<\/strong><br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>At the start of the month, the Panama Canal joined world leaders at COP26 in Glasgow to advance global climate action. On November 4, the Panama Canal participated at the UNFCC\u2019s Action Hub, with a TED-style\u00a0presentation\u00a0to international delegations and industry leaders on how sustainable maritime routes can drive climate action.\u00a0<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>The Canal stressed the importance of having the entire supply chain, from shipping lines to final customers, involved in the sustainable transition.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>\u201cWe need to understand that being part of the maritime business can and should support the global effort of reducing carbon emissions,\u201d said Environmental Specialist Alexis Rodriguez during the presentation at the UNFCC\u2019s Action Hub. \u201cShipping will continue to play a big role in the supply chain, as COVID-19 continues to impact imports. We need to have clear guidelines across all international bodies to reach these goals.\u201d \u00a0<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>From there, the Panama Canal was also present at the International Chamber of Shipping (ICS) side event \u201cShaping the Future of Shipping\u201d on November 6, showcasing the advantages of the Panama Canal\u2019s green route and the value green corridors provide to international maritime trade.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>Finally, Mr. Rodriguez served as a\u00a0<a href=\"https:\/\/www.imo.org\/en\/About\/Events\/Pages\/-IMO-UNCTAD-side-event-at-COP26.aspx\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\" data-linkindex=\"2\">panelist<\/a>\u00a0for an IMO event on November 10 that explored opportunities for developing countries to provide zero-carbon fuels to global shipping. He then closed the month\u2019s activities by joining the IMO\u2019s Marine Environment Protection Committee (MEPC) meetings, where discussions around research and development for shipping decarbonization continued.<br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/><strong>Securing the Future of Water Availability \u00a0<\/strong><br aria-hidden=\"true\" \/>\u00a0<br aria-hidden=\"true\" \/>In 2019, the Panama Canal announced plans to invest in a series of solutions to secure water quality and quantity to support the Canal and local population\u2019s needs for at least the next 50 years. As the latest step towards this goal, the U.S. Army Corps of Engineers (USACE) will provide technical assistance for the project to ensure operational sustainability, engineering services and overall analysis of the project. USACE will work together with Canal professionals to develop the conceptual design for water alternatives. Both organizations have a longstanding partnership, dating back to the Canal\u2019s construction in 1914.<\/p>\n<div><strong>About the Panama Canal<\/strong><\/div>\n<div><\/div>\n<div>The Panama Canal Authority\u00a0is an autonomous legal entity of the Republic of Panama in charge of the operation, administration, management, preservation, maintenance, and modernization of the Panama Canal, as well as its activities and related services, so that the Canal may operate in a safe, continuous, efficient\u00a0manner.\u00a0For more information, please refer to the Canal\u2019s website:\u00a0<a href=\"https:\/\/www.pancanal.com\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\">https:\/\/www.pancanal.com<\/a>\u00a0or follow us on Twitter @thepanamacanal.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On the heels of COP26, the Panama Canal announces Green Vessel Classification Plan and engagement with the U.S. Army Corps of Engineers for long-term water solution Five years ago, the Panama Canal\u2019s contributions to the reduction of emissions from the international shipping industry were presented during the International Maritime Organization\u2019s (IMO) 70th Marine Environment Protection &hellip; <a href=\"https:\/\/pancanal.com\/en\/panama-canal-caps-month-of-sustainability-advocacy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Panama Canal Caps Month of Sustainability Advocacy with Preview of Upcoming Decarbonization Measures and Next Steps on Water Solution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":35671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[98],"tags":[99],"class_list":["post-41015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canal-connection-en","tag-canal-connection-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - 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