Effectively addressing climate change is possibly the greatest challenge of our time. In 2015 world governments agreed in Paris that global temperature rise must be limited to well below 2ºC, while aiming for 1.5ºC compared to pre-industrial levels. A recent IPCC 1.5º Special Report also recommended "deep emissions reductions" to achieve these temperature goals.
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In responding to this global challenge, member states of the International Maritime Organisation (IMO) agreed in April 2018 on an Initial GHG Strategy for international shipping. The strategy calls for shipping emissions to peak as soon as possible, for shipping’s carbon intensity to be reduced by at least 40% by 2030 and for total emissions to be cut by at least 50% by 2050 compared to 2008, while aiming for full decarbonisation. To do so, new operational measures will need to be implemented for both the existing fleet and new ships and immediate reductions achieved by 2023.
Why the IMO’s Global Fuel Standard risks incentivising the worst biofuels
Plans being drafted at the IMO risk creating a huge new market for deforestation-driving biofuels like palm and soy, while also putting pressure on ve...
Hapag-Lloyd among companies calling on UN global shipping agency (IMO) to exclude crop fuels from list of green shipping alternatives