Maritime UK partners with Carbon13 to reach Net Zero

Carbon13 and Maritime UK have formed a partnership to support startups to support decarbonisation development across the maritime industry.  Venture Builder for the Climate Crisis is an eight month programme supports individuals to launch scalable and investable ventures – and the maritime industry is one of the target sectors.

Each venture that is built and invested in must have the potential to reduce CO2e emissions by ten million tonnes. Collectively Carbon13 aims to reduce emissions by 400 million tonnes, the equivalent to the UK’s current annual emissions. Maritime’s role in this effort is crucial and exciting.

Applications for the March 2021 cohort are open now for a few more weeks. It aims to de-risk the venture building process by matching individuals with cofounders, providing a stipend, and mentor to avoid first time mistakes.

Maritime contributes around £46.1bn to the UK economy and supports over 1 million jobs. Building a startup that can reduce emissions by ten million tonnes means that the startup needs to help 100 million consumers reduce their footprint by 1%, or 10m customers by 10%.

Ben Murray, Director of Maritime UK says “there is no greater mission facing our planet than to decarbonise our economy, and that means massive progress must be made in an incredibly short period of time. That’s especially true for maritime – a sector responsible for enabling global trade, including some 95% of all imports and exports to the United Kingdom.

"Whilst the pace of change and innovation is quickening, there is much progress that needs to be made to ensure we have viable carbon neutral solutions by the end of this decade. Those solutions do not yet fully exist and that’s why we need to support the best talent to develop the most innovative of products and services, from wherever they come.

"We’re excited that this partnership with Carbon13 will help identify and realise truly transformational solutions and equally provide a talented pool of innovative companies to help respond to the challenges our sector faces.”

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