EMEA > Europe > GHG levy for shipping dropped in favour of credit trading system at IMO talks

GHG levy for shipping dropped in favour of credit trading system at IMO talks

Published 10:50 on April 4, 2025 / Last updated at 16:09 on April 4, 2025 / / Americas, Asia Pacific, EMEA (Europe), International (Shipping), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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A flat-rate greenhouse gas levy for shipping has been removed from the latest negotiation text at a meeting of the UN's International Maritime Organization (IMO) in favour of a tiered compliance system focused on GHG fuel intensity that would effectively introduce a credit trading system.
A flat-rate greenhouse gas levy for shipping has been removed from the latest negotiation text at a meeting of the UN's International Maritime Organization (IMO) in favour of a tiered compliance system focused on GHG fuel intensity that would effectively introduce a credit trading system.


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