Policies focusing on market-based measures towards shipping decarbonization: Designs, impacts and avenues for future research

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Policies focusing on market-based measures towards shipping decarbonization: Designs, impacts and avenues for future research

Chen, Shun / Zheng, Shiyuan / Sys, Christa

Abstract In recent decades, there has been an increasing demand for policy research focusing on market-based measures for decarbonizing shipping. It is increasingly recognized that more than just technological and operational measures will be needed to achieve the objectives of decarbonizing shipping. This paper presents a quantitative review of the existing research leveraging bibliometric analysis techniques, highlighting the concepts, general trends, research themes and applications within the maritime industry in this field. It sheds light on the evolution of policy and regulations, design details, impacts and methods of quantifying the effects of environmental policies and provides future research directions in this area. The findings and future research agenda may become valuable resources for academic research and industrial practice.

Highlights • This paper presents a quantitative review on market-based measures towards shipping decarbonization. • A bibliometric analysis on research themes and applications of decarbonization within maritime industry is made. • It sheds light on the evolution of environmental policies and future research directions.