Shipping commits to GHG emissions reduction

The IMO’s strategy on greenhouse gas emissions reduction for the international shipping sector has been praised by the International Chamber of Shipping’s Chairman, Esben Poulsson. 

He believes that this strategy is one that will match the goals and philosophy of the Paris Agreement.

In Poulsson’s opinion, the IMO has delivered an ambitious plan that will reduce greenhouse gas emissions and help to reduce climate change. In addition, the plan recognises that sustainable development of the world and its people is critically dependent on the continuing smooth flow of global trade, 90% of which is transported by sea.

Poulsson reiterated the need for the IMO to remain in control of the reduction measures for GHG emissions and build on the progress already made.

ICS (in collaboration with BIMCO, INTERCARGO and INTERTANKO) recently made a submission to IMO on the possible contents of its GHG reduction strategy.

The industry proposed that IMO member states should agree to hold CO2 emissions levels from international shipping to below 2008 levels, while setting an ambitious goal for the reduction of the sector’s emissions by 2050. This must also take into account the concerns of developing nations and the potential impacts on trade and economic development.

Following the proposals on decarbonisation, governments must now present their own ideas so that the IMO can deliver a suitably ambitious strategy, which can be adopted next year, said Poulsson.


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