The Decarb Hub focuses on funding

We aim to accelerate the transition of the maritime sector towards more environmentally friendly, low-carbon technologies and practices.

The funding typically supports a range of activities, including:

  1. Research and Development: Financing innovation in low-carbon technologies, alternative fuels, and energy-efficient solutions for the maritime industry.
  2. Pilot Projects and Demonstrations: Supporting the testing and implementation of decarbonisation technologies in real-world settings, such as green ships, carbon capture solutions, and renewable energy integration.
  3. Collaboration and Partnerships: Enabling cooperation between industry stakeholders, governments, and academic institutions to share knowledge, align strategies, and scale decarbonisation solutions.
  4. Policy and Advocacy: Funding initiatives that influence industry standards, regulations, and global decarbonisation policies, aiming for broader adoption of sustainable practices.
  5. Capacity Building and Education: Supporting training programs, workshops, and initiatives that build expertise in the decarbonisation of the maritime sector.

Decarbonisation funding ensures that the maritime industry can invest in cutting-edge technologies, facilitate large-scale change, and reduce its environmental impact, moving towards achieving net-zero emissions targets.

Meet our Funders

The Lloyd's Register Maritime Decarbonisation Hub is a grant-funded, non-profit organisation dedicated to accelerating the safe and sustainable transition of the maritime industry.

We are committed to transparency and proudly acknowledge our funding partners, whose generous support enables us to pursue our mission. Our work is made possible through grants that uphold our independence and evidence-based approach, ensuring that our research and initiatives drive meaningful impact. We value the trust placed in us and remain dedicated to openly sharing our funding sources as part of our commitment to accountability and integrity.

Engineering a safer world
LR Foundation
Lloyd’s Register Foundation is a global charity focused on engineering a safer world. Its support ensures that the Hub is driven by public good, not commercial gain. The Foundation anchors our mission in societal impact, enabling us to act independently, with a clear mandate to advance safety, sustainability, and inclusive progress across the maritime sector.
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Lloyd's Register Foundation
Lloyd's Register Foundation
World Bank Group
The World Bank provided a fixed grant to the Hub to support our mission of accelerating the maritime industry's transition to zero emissions. This grant enabled us to produce a comprehensive report that offers strategic insights into decarbonisation pathways and policy recommendations. The World Bank's support reflects their commitment to sustainable development and climate action, aligning with their broader vision of reducing global greenhouse gas emissions. This collaboration underscores the importance of international partnerships in driving impactful change within the maritime sector.
Read the report
World Bank Group
World Bank Group
The Aspen Institute Energy & Environment Program
The Aspen Institute is a global nonprofit committed to realizing a free, just, and equitable society. Founded in 1949, the Institute drives change through dialogue, leadership, and action to help solve the most important challenges facing the US and the world. Its Energy & Environment Program (EEP) is 55 years old and works with people, organizations, and governments to take greater action on climate change.
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Aspen Institute Energy and Environment Program
Aspen Institute Energy and Environment Program
Maritime Just Transition Task Force
The Maritime Just Transition Task Force is dedicated to ensuring that the shift to zero-emission shipping is fair and inclusive, prioritising the safety and welfare of the maritime workforce. Their funding supports our program to develop comprehensive human competency requirements, enabling seafarers and shore-based personnel to safely operate zero-emission ships. This initiative is crucial for a secure transition to new fuels and technologies, aligning with the Task Force’s mission to promote equitable and safe decarbonisation across the maritime industry​.
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Maritime Just Transition Task Force logo
Maritime Just Transition Task Force logo