The Energy and Resources Institute (TERI) is spearheading initiatives to establish domestic standards for biofuel blending in marine vessels, a critical step towards creating a greener and more sustainable shipping industry in India. In an insightful interview, Director General of TERI, elaborated on the role of the newly established National Centre of Excellence in Green Port and Shipping, which aims to promote sustainable practices across India’s ports and maritime sector.
Decarbonising India’s shipping industry is a priority for the Ministry of Ports, Shipping and Waterways as the nation strives to solidify its position as a formidable maritime power on the global stage. The collaboration between TERI and the ministry is set to develop a comprehensive regulatory framework, paving the way for a greener ecosystem that prioritises environmental responsibility and sustainability.
He highlighted that the centre’s initiatives include creating standards for biofuel blending, which is essential for reducing carbon emissions from marine operations. The International Maritime Organization has set ambitious targets, calling for a 50% reduction in greenhouse gas emissions from shipping by 2050, and India’s proactive approach is crucial in meeting these global benchmarks. As the world grapples with climate change, the introduction of biofuels in marine applications represents a significant opportunity for innovation within the industry. By establishing robust standards, TERI aims to encourage the use of biofuels, which could potentially replace traditional fossil fuels and contribute to India’s decarbonisation efforts.
The benefits of this initiative extend beyond environmental impacts. Establishing biofuel standards is anticipated to stimulate economic growth, particularly in regions reliant on port activities. With a greener shipping industry, there could be a positive ripple effect on local communities, promoting job creation and enhancing livelihoods. Moreover, this initiative aligns with India’s broader commitment to sustainability, which includes improving energy efficiency and adopting cleaner technologies in various sectors. The collaboration between TERI and the Ministry of Ports signifies a concerted effort to embed sustainability into the maritime narrative, promoting practices that respect both the environment and local economies.
The establishment of these standards not only reflects India’s dedication to tackling climate challenges but also positions the country as a leader in sustainable maritime practices. As global interest in environmentally friendly shipping grows, India’s initiatives could serve as a model for other nations, showcasing the potential of integrating sustainability within the maritime sector. He’s insights underscore the critical nature of this endeavour. By prioritising the establishment of biofuel standards, TERI is not merely contributing to regulatory compliance but is also shaping a future where ecological balance and economic viability can coexist, ensuring a sustainable legacy for the generations to come.
