Photo: CMA CGM Group press materials

CMA CGM Group announces €200 million call for startups with decarbonization solutions

The CMA CGM Group has launched a call for projects targeted at startups and businesses working on concrete decarbonization solutions within all areas of the French shipping industry.

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31.01.2023

Announced at the Assises de l’Économie de la Mer (French maritime economy conference) by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, it is backed by the CMA CGM Fund for Energies.

CMA CGM says the call for projects is open to all startups and businesses wanting to step up the pace of decarbonizing the “blue economy” in mainland France and the French overseas territories in the following areas:

  • shipping
  • tourism and cruising
  • fishing and seafood products
  • infrastructure
  • naval and nautical industries
  • renewable energies.

According to the shipping giant, projects will be selected based on their concrete impact on the decarbonizing of the French shipping industry, the maturity of the projects and the economic feasibility.

Some of the projects may receive shared investments from the public sector and private operators and beneficiate from the assistance of shipping industry experts to give them every chance of success.

In collaboration with the French State Secretariat for the Sea and the various public actors involved in the France 2030 plan, and in accordance with its commitment, the CMA CGM Group is to opened the platform yesterday.