Mid-term Measure Assessment Tool – Methodology Paper

Based on a Carbon Market Watch position paper (CMW, 2021) on key principles and criteria that any market-based measure (MBM) agreed at IMO level needs to follow for it to be fair and effective in contributing to the decarbonisation of international shipping, CE Delft has elaborated on these principles and criteria for the development of the MTM tool.

Rocking the boat on shipping emissions

This week’s talks at the International Maritime Organisation’s (IMO) Marine Environment Protection Committee (MEPC) must chart a speedy and ambitious course towards zero-emissions shipping.  Today (22 November), the International Maritime Organisation’s (IMO) Marine Environment Protection Committee (MEPC) hit the waves again – but, this time, with potential rays of hope on the horizon. Momentum is …

Principles for market-based measures to decarbonise international shipping

Submitted by the Clean Shipping Coalition (of which Carbon Market Watch is a member), this document summarises the key principles that any market-based measure (MBM) agreed at the International Maritime Organisation (IMO) level needs to follow in order for it to be a fair and effective tool for contributing to the decarbonisation of international shipping.

Shipping industry U-turn on carbon pricing long overdue

27 April 2021 – The shipping industry’s leading global lobby group the International Chamber of Shipping (ICS) last week ended its years-long opposition to carbon pricing.  It is imperative now that ICS and other sponsors should withdraw their IMRB proposal to allow time for discussion on carbon pricing, and support the far more serious and …

Carbon Market Watch Newsletter – March 2021

A global shipping pollution price on the horizon As other industries have started paying for their pollution, the maritime sector has been let off the hook. Without urgent action, its emissions are set to rise well into the next decade. This trend goes against the Paris Agreement climate targets and the UN shipping agency’s IMO’s …

Sailing towards a global carbon price in the maritime industry?

Introduction Discussions and negotiations on carbon pricing for the international maritime sector are starting to pick up steam again at the International Maritime Organisation (IMO). This is an opportunity to finally get urgently needed, meaningful global climate regulation for this international sector. The maritime sector is the last emitting sector globally not to be covered …