A Review of Economic Incentives to Promote Decarbonization Alternatives in Maritime and Inland Waterway Transport Modes

Clara Paola Camargo-Díaz (), Edwin Paipa-Sanabria, Julian Andres Zapata-Cortes, Yamileth Aguirre-Restrepo and Edgar Eduardo Quiñones-Bolaños
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Clara Paola Camargo-Díaz: Cotecmar, Cartagena 130001, Colombia
Edwin Paipa-Sanabria: Cotecmar, Cartagena 130001, Colombia
Julian Andres Zapata-Cortes: School of Management, Fundación Universitaria CEIPA, Sabaneta 055450, Colombia
Yamileth Aguirre-Restrepo: Facultad de Ingeniería, Universidad de Cartagena, Cartagena 130014, Colombia
Edgar Eduardo Quiñones-Bolaños: Facultad de Ingeniería, Universidad de Cartagena, Cartagena 130014, Colombia

Sustainability, 2022, vol. 14, issue 21, 1-20

Abstract: Public policies and economic incentives are widely used as a strategy to stimulate the use of green technologies and low-emission practices in the waterborne transport sector. Since the Paris Agreement, countries have been encouraged to implement more strategies to reduce greenhouse gas emissions and to build resilience against climate change impacts in developing countries. This article presents a literature review on policies, regulations, and programs that represent economic incentives to promote alternatives to decarbonize maritime and inland waterway transport in sixteen countries, including Colombia. More than one hundred thirty sources of information were reviewed, including official portals of governments, port authorities and organizations, and scientific articles; therefore, the incentives found were grouped into three categories: project financing, differentiated port tariffs, and incentives to cover onshore power service fees. As a result of this review, it was found that differentiated port tariffs were the most common type of incentive. Finally, the specific case of Colombia was analyzed, which provides a deeper perspective of current policies and measures aimed at encouraging the decarbonization of waterborne transport and compares them with the international panorama.

Keywords: alternative fuels; economic incentives; maritime transport; inland waterway transport; greenhouse gases; economic instruments; emission reductions; green incentives (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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