What are NDC targets for electrified shipping?

NDC targets for electrified shipping refer to the goals set by countries in their Nationally Determined Contributions (NDCs) under the Paris Agreement to reduce greenhouse gas emissions from the shipping sector by transitioning to electric or hybrid-electric vessels. These targets vary by country, with some aiming for a complete transition to electric shipping by 2050, while others focus on more modest goals such as increasing the share of electric vessels in national fleets. Meeting these targets will require significant investment in research and development of new technologies, as well as incentives to encourage adoption of electric shipping methods.
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