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<p>My Department has published its assessment of the potential merits of investing
in maritime decarbonisation.</p><p>In 2015, the Department published the Maritime
Growth Study, which considered all aspects of the maritime sector and identified where
action could be taken to generate growth. Following the publication of Maritime 2050
in 2019, which builds on the findings of the Maritime Growth Study, the Department
published the Clean Maritime Plan, which identified the potential for clean economic
growth in the UK as a result of the transition to zero emission shipping.</p><p>Alongside
the Plan, the Department published an assessment of the value of potential economic
opportunities from low and zero emission shipping. This review provided a framework
for assessing the scale of the opportunity generated by emission reduction technologies,
including a mapping of the relevant supply chain, an assessment of the global uptake
of these technologies, the economic footprint of the UK firms in the supply chain
and the UK’s share of global export of these technologies.</p><p><strong> </strong></p><p><strong>
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