The International Maritime Organization’s (IMO) Intersessional Working Group on Reduction of GHG (Greenhouse Gas) Emissions from Ships (ISWG-GHG) concluded its latest round of discussions on international efforts to curb GHG emissions from shipping.
The IMO’s 2023 GHG Reduction Strategy commits member states to adopting mid-term measures to reduce GHG emissions from ships in late 2025, including a technical element, namely a goal-based marine fuel standard regulating the phased reduction of a marine fuel’s GHG intensity, and an economic element, on the basis of a maritime GHG emissions pricing mechanism.
The ISWG continued discussions on proposals for these measures, using the draft text for an “IMO net-zero framework” agreed at the last meeting of the Marine Environment Protection Committee (MEPC) 82 as the basis.
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