A milestone deal to cut global shipping emissions has been postponed, with the IMO's Marine Environment Protection Committee deciding to delay adoption of new requirements on greenhouse gas (GHG) fuel intensity, in combination with a pricing and reward mechanism until October 2026. With over 100 countries...
The IMO has achieved another important step towards establishing a legally binding framework to reduce greenhouse gas emissions from ships, aiming for net-zero emissions by or around 2050. The Net-Zero Framework will combine mandatory emissions limits and GHG pricing across an entire industry sector and includes...
Government delegates from around the world at the International Maritime Organization (IMO) have progressed closer towards toward global greenhouse gas regulations aimed at cutting the carbon intensity of shipping by 40% by 2023. A draft legal text which is to serve as the basis for ongoing...