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BTJ 1/24 - SUSTAINABILITY: 'Adversity is the mother of progress.' The Sustainable First Movers Initiative

by Ewa Kochańska

Global ports and the cities and regions they serve play a vital role in international trade and the shift to sustainable energy.

However, ports also have a history of causing adverse environmental impacts due to emissions and pollution.

Last year, the Environmental Defense Fund, in collaboration with the Lloyd's Register Maritime Decarbonisation Hub and in partnership with Arup, introduced the Sustainable First Movers Initiative (SFMI) Identification Tool in their The Potential of Ports in Developing Sustainable First Mover Initiatives report.

This innovative solution aims to facilitate the maritime industry's transition to cleaner energy sources by helping stakeholders identify ports ready for green investments.

The SFMI tool also factors in socioeconomic and environmental consequences to ensure inclusive and sustainable outcomes on a worldwide scale.

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