The Maritime Industry Authority (Marina) and the Global Green Growth Institute (GGGI) have signed a memorandum of understanding (MoU) to strengthen cooperation on green growth initiatives in the maritime industry. The MoU aligns with the United Nations 2030 Agenda for Sustainable Development and the Paris Climate Agreement, with a focus on enhancing cooperation on green growth initiatives and promoting effective decarbonization strategies. Both parties are committed to exchanging knowledge and supporting Marina’s commitment to energy efficiency and compliance with international marine environment protection agreements.
The signing ceremony was attended by Marina Administrator Sonia Malaluan and GGGI Country Representative Marcel Silvius, who emphasized the urgent need to reduce greenhouse gas emissions and collaborate on green growth initiatives to address the significant challenges posed by climate change. Malaluan thanked GGGI for pursuing cooperation with the agency, while Silvius expressed his support for more collaboration, particularly in light of the approved Maritime Industry Development Plan (MIDP). The MoU outlines joint initiatives, research projects, and policy recommendations to support the Philippines’ transition to a low-carbon, climate-resilient maritime industry.
Overall, the MoU between Marina and GGGI signifies a commitment to collaborative efforts in pursuing green growth initiatives and decarbonization strategies in the maritime industry. Both parties are focused on promoting sustainable development and addressing the challenges posed by climate change, with the aim of transitioning the Philippines’ maritime industry towards a low-carbon, climate-resilient future.
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