CMA CGM Group launches a call for projects worth €200m


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

It was 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, and it is subsidised by the CMA CGM Fund for Energies.

The CMA CGM Fund for Energies was created by Rodolphe Saadé in September 2022, providing €1.5 billion over five years. It aims to accelerate its energy transition to achieve Net Zero Carbon by 2050. This fund invests in supporting the development and generation of renewable energies, decarbonising industrial facilities across all of the Group’s activities, and promoting innovative projects and low-emission mobility solutions.

Additionally, the project is the result of the collaboration of CMA CGM with the French State Secretariat for the Sea and the various public actors involved in the France 2030 plan. The CMA CGM Group opens the platform for application on 30th January 2023:

The project’s aim needs to be to decarbonise the “blue economy” in mainland France and the French overseas territories in areas such as shipping, tourism and cruising, fishing and seafood products, infrastructure, naval and nautical industries and renewable energies.

CMA CGM will select the projects based on their tangible impact on the decarbonising of the French shipping industry, the maturity of the projects and the economic feasibility. Some of them 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.

Source: CMA CGM