IAPH calls for revenues from market-based measures to be invested in ports
The International Association of Ports and Harbours (IAPH) is advocating that a significant share of the revenue generated by a market-based measure (MBM) on emissions should be allocated to investments in ports, particularly in developing countries, that facilitate the decarbonisation of shipping.
The UN-recognised NGO has submitted a commenting paper to the IMO ahead of the forthcoming meeting of its working group on greenhouse gas (GHG) emissions.
This meeting is in turn preparing the ground for the crucial upcoming Marine Environmental Protection Committee (MEPC 77) in November.
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