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United States and Panama announce cooperation to facilitate establishment of a green shipping corridor
March 2, 2023


The United States of America and the Republic of Panama are announcing the intent to engage in technical cooperation to help facilitate the establishment of a green shipping corridor.  Green shipping corridors are a key means of spurring the early adoption of zero-emission fuels and technologies to help place the shipping sector on a pathway to align with the goal of limiting global temperature rise to 1.5 degrees Celsius. Together, the Republic of Panama and the United States intend to undertake a feasibility study to explore the potential of this type of corridor in the region. To this end, they will work together with various actors from the scientific community, the maritime industry, environmental organizations, and coastal communities in the development of this project, which would be the first of its kind in the region through the Green Shipping Corridor Initiation Project, announced at COP27, and would be in line with standards and goals established by the IMO.