Catavento participates in event and writes publication on the maritime sector
CEBRI’s Energy Center, in partnership with Catavento and the Norwegian Consulate, organized the event – “Maritime challenges: decarbonization and geopolitical tensions” on November 17, 2020.
The event focused on the main geopolitical risks for the maritime sector, aggravated by the Covid-19 pandemic, as well as the challenges for decarbonization of navigation. Both aspects were pointed out by the Global Maritime Forum as the main risks faced by the sector, indicating a period of great changes and challenges.
The increase in geopolitical tensions impacts trade and the global economy. Over the past few years, trade conflicts between the US and China, uncertainties related to Brexit and the outbreak of the Covid-19 pandemic have promoted growing nationalist sentiments between countries and restricted trade flows. Experts point out the promotion of more resilient supply chains, with direct impacts on the maritime sector.
In turn, challenges related to climate change are also critical for the sector’s future. The lack of adequate public policies and low investments have been the main obstacle to the development of less-emitting technologies. Recent goals announced by the IMO, however, can drive global action by countries and companies towards the decarbonization of the sector.
The event included the initial considerations of Marianne Fosland, Consul General of Norway in Rio de Janeiro, and Jorge Camargo, Vice-President of the Board of Trustees of CEBRI. The event was also attended by panelists Lars Andreas Lunde, Vice Minister of Commerce and Industry of Norway, and Admiral Eduardo Bacellar Leal Ferreira, retired Commander of the Brazilian Navy. Clarissa Lins, founding partner of Catavento and Senior Fellow at CEBRI, moderated the event.
To access the paper containing the analysis of the topics discussed at the event, click here.