INTEGRATION OF RENEWABLE ENERGY TECHNOLOGIES IN DECARBONIZING THE MARITIME AND TRANSPORT INDUSTRY: OPPORTUNITIES, CHALLENGES, AND POLICY FRAMEWORKS IN DEVELOPING ECONOMIES
Abstract
The maritime and transport sector is a cornerstone of global connectivity, facilitating the movement of goods, yet it remains one of the hardest-to-abate industries in terms of carbon emissions. This article synthesizes opportunities for economic diversification, challenges in implementation, and evolving policy frameworks, drawing on case studies to provide actionable insights for policymakers, industry stakeholders, and researchers in developing economies. Renewable energy technologies (RETs) present transformative opportunities for developing economies, extending beyond emission reductions to encompass economic resilience, technological innovation, and social benefits. Despite the potential, several barriers hinder RET scaling in Nigeria. To illustrate practical applications, case studies from India, Brazil, Ghana and Nigeria are explored, highlighting implementation details, outcomes, and lessons. Nigeria has immense potential to lead Africa in maritime decarbonization by leveraging its renewable resources and strategic location. However, success requires overcoming financial, infrastructural, and equity barriers through strong policy implementation and international partnerships. Recommendations are therefore made for the Nigeria maritime sector to harness the potentials of integrating renewable energy technologies.
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