• Initiative -
  • Type Think20 (T20)
  • Date 14 June 2022
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Abstract

While there is an immediate need to tackle global environmental issues, the decarbonization of the transport sector represents a key challenge at the policy level and in particular the financial and environmental sustainability of this process. This is of critical importance not just for the G20 but the non-G20 world also.

Decarbonization poses a significant challenge as countries and organizations try to manage the energy transition to cleaner fuels. Therefore, it is essential to take lessons from policies and institutions that are offering support for the energy transition in other sectors. For example, the G20 Transport Task Group should help develop policy mechanisms such as the circular carbon economy to foster a painless transition to zero-carbon fuels.

Globally, several organizations regulate shipping without an overarching statutory organization or body having the expertise and financial strength to manage emerging risks (financial, operational, policy and regulatory) that will result from the transition to zerocarbon fuels.

 

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Authors

Jitendra Roychoudhury

Research Fellow Jitendra Roychoudhury is a Fellow II at King Abdullah Petroleum Studies and Research Center (KAPSARC), Riyadh, Saudi Arabia. His ongoing… Jitendra Roychoudhury is a Fellow II at King Abdullah Petroleum Studies and Research Center (KAPSARC), Riyadh, Saudi Arabia. His ongoing research portfolio at KAPSARC covers various economic, energy, and policy developments and the impact of policies on global commodity markets. Before joining KAPSARC, Jitendra was the director and chief consultant at HDR|Salva, India, where he worked with clients worldwide. Jitendra has a bachelor's degree in mechanical engineering from the University of Pune, India and a postgraduate diploma in business management from Welingkar’s Institute of Management, India.

Expertise

  • Freight
  • Transport
  • Geopolitics
  • Commodity Flows
  • Shipping
  • Hydrogen.

Publications See all Jitendra Roychoudhury’s publications

Puneet Kamboj

Associate Puneet is an Associate in the Climate and Sustainability program. Currently, he is working on scenario analysis and deep decarbonization… Puneet is an Associate in the Climate and Sustainability program. Currently, he is working on scenario analysis and deep decarbonization pathways under the Climate Change Adaptation and Mitigation Partnership (CAMP) project at KAPSARC. Before joining KAPSARC, he worked with Council on Energy, Environment and Water in India where he co-developed the tailored version of Global Change Analysis Model for India (GCAM-India). Prior to CEEW, he has worked with Brookings Institution (India Center) where he co-edited an anthology on the coal sector in India. Across the 18 chapters, drawing from leading experts in the field, the book examines all aspects of coal’s future in India. He has a rich portfolio of published papers, policy briefs and reports. As an independent scholar, he has been writing for the G20, and leading national newspapers. Puneet holds a Master of Technology in renewable energy from TERI University, New Delhi.

Expertise

  • Integrated Assessment Modelling
  • Climate Change Mitigation
  • Coal Transitions and Transport Economics

Publications See all Puneet Kamboj’s publications

Saumitra Saxena

Saumitra Saxena

Research Scientist, King Abdullah University of Science and Technology

Anurag Pal Sehgal

Anurag Pal Sehgal

Noble Group

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