This Carbon Market Watch policy briefing assesses and scores the various proposals of parties to the IMO to decarbonise the shipping industry
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.
Parties to the International Maritime Organisation are meeting in London to discuss various proposals to decarbonise the shipping sector. Carbon Market Watch gives our verdict over what’s on the table.
The EU’s Emissions Trading System (EU ETS) is being expanded to cover shipping. But what does this involve and what does it mean for the maritime sector?
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.
As the International Maritime Organisation (IMO) embarks next week on the latest round of talks on greenhouse gas emissions, civil society groups urge member states to agree to halve the carbon footprint of shipping by 2030 and eliminate it by 2050.
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.
The European Parliament’s draft report by MEP Peter Liese on revising the EU’s Emissions Trading System fails to strengthen the scheme’s climate targets while opening up multiple routes to hand out more free emission allowances and offer offsets, enabling heavy industries to profit from their pollution. German Christian Democrat MEP Peter Liese has released his …
Read more “European Parliament’s proposed carbon market revamp a licence for industry to pollute”
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 …
Read more “Rocking the boat on shipping emissions”
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.