Representatives from the Caribbean maritime sector, as well as government authorities, banking entities, and financial institutions, called for the development of cross-sectoral actions to advance the decarbonization of maritime transport.
Caribbean policymakers and financiers emphasized that decarbonization will not succeed solely through isolated projects or technologies, but through coordinated action between sectors and countries, supported by evidence-based planning and investment-ready pathways.
The approach was presented at a regional roundtable convened in Port of Spain, Trinidad and Tobago, by the International Maritime Organization’s (IMO) GreenVoyage2050 program, in collaboration with the Global MTCC Network (GMN Phase II).
Participants focused on moving from analysis to implementation, harmonizing policies, infrastructure planning, energy systems, and finance. The involvement of multilateral and regional development banks, alongside policymakers and industry, linked technical ambition with financial realism from an early stage.
“The IMO’s GHG strategy sets a clear global direction, but implementation happens at the national and regional level. The key is to create the conditions, policies, institutional capacity, and a credible project pipeline that enable the flow of finance and turn ambition into action,” said Jose Matheickal, director of the organization’s Technical Cooperation and Implementation Division.
