Ship wreck

International shipping’s new climate plan provokes storm of protest

Green groups criticised the International Maritime Organisation’s failure to raise the shipping sector’s climate ambition sufficiently to ensure that this highly polluting sector navigates a course that is compatible with keeping global temperature increases within the 1.5°C limit set out in the Paris Agreement.

Aerial view of cargo ship

Making the EU carbon market shipshape for the maritime sector

The proposed inclusion of international maritime transport in the EU Emissions Trading System (EU ETS) is not only fair and in line with the ‘polluter pays’ principle, but also essential to helping the sector decarbonise. Due to a lack of progress at the global talks to tackle carbon pollution at the International Maritime Organisation (IMO), …

Aerial view of cargo ship

Making the EU carbon market shipshape for the maritime sector

The proposed inclusion of international maritime transport in the EU Emissions Trading System (EU ETS) is not only fair and in line with the ‘polluter pays’ principle, but also essential to helping the sector decarbonise. Due to a lack of progress at the global talks to tackle carbon pollution at the International Maritime Organisation (IMO), …

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.

A global pollution price for ships is back on the agenda – here’s how to get it right

A worldwide shipping carbon pricing scheme must reduce pollution fast, finance technologies that reduce more emissions, and support countries most impacted by climate change. It must not include offsetting nor be allowed to weaken national or regional measures. The global shipping sector is still not paying for the climate damage it is causing. While carbon …

Carbon Market Watch Newsletter – November 2020

‘Carbon removals’ must be approached with caution Carbon removals are becoming a hot topic and are also rising up on the EU’s policy-making agenda. There is no denying that we will need to suck CO2 pollution from the atmosphere over the course of this century to avert the worst impacts of the climate crisis. But …

EU lawmakers support the expansion of Europe’s carbon market to shipping as global talks are adrift 

BRUSSELS, 15 September 2020. The European Parliament has voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as a strong signal towards the UN shipping body that is …