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Global logistics and technology provider EV Cargo has endorsed an ambitious Global Memo of Understanding announced at COP26 to achieve an interim goal of 30% zero-emission new bus and truck vehicle sales by 2030 and 100 per cent by 2040.
The move marries with EV Cargo’s increased focus on environmental issues and to decarbonise its operations as part of the Science Based Target initiative commitments and UN Global Compact.
The first-ever global agreement on zero-emission trucks and buses aims to put net zero carbon emissions by 2050 within reach. The Global Memorandum of Understanding has been signed by 15 countries and a host of top manufacturers at the COP26 conference in Glasgow in a coordinated effort to reduce transport emissions, mitigate climate change, improve air quality, reduce the use of fossil fuels and cut energy costs.
It is the first time that a unified target, supported by both national governments and industry, has been put in place.
The transition to 100% zero-emission technologies for trucks and buses will require massive investments in battery and electric component manufacturing and charging infrastructure as well as cross-collaboration between countries and the public and private sector.
Virginia Alzina, EV Cargo’s chief sustainability officer, said she was delighted that industry and government were working together and that there was a recognition that investment in technology was the way forward for the logistics sector.
“No one in the logistics sector can do this alone,” she said. “It is crucial that there is a global response to a global problem and setting ambitious targets in stone is a vital part of the efforts to avert a climate crisis.
“At EV Cargo we understand that there is no time to lose. We recently committed to the UN Global Compact which ensures international businesses implement universal sustainability principles and take steps to support the sustainable development goals set out by the United Nations. We are putting the environment at the centre of our decision-making process.”
The MOU has been organised by CALSTART’s Global Commercial Vehicle Drive to Zero program and the government of the Netherlands.
“For the first time we have a unified target, supported by leading governments and industry, for when new trucks and buses should fully transition to zero-emission technologies,” said Dr. Cristiano Façanha, CALSTART’s global director.