IMO adopts deal to cut shipping emissions at least 50% by 2050
Governments at the International Maritime Organisation (IMO) on Friday adopted an initial strategy to address international shipping emissions, including setting a 2050 target to cut emissions by at least 50% under 2008 levels.
Read MoreIMO strikes provisional shipping emissions deal, awaits full sign-off
Governments at the International Maritime Organisation (IMO) agreed to a provisional deal on Thursday for an initial strategy to address international shipping emissions, including a 50% long-term emission cut target, with the resolution due to be signed-off officially on Friday.
Read MoreEU lawmakers seek more on IMO emissions deal
EU lawmakers urged countries to agree to a more ambitious deal to curb global shipping emissions, warning on Tuesday that the bloc will otherwise go further on its own.
Read MoreUN’s IMO meets to craft initial climate effort for international shipping
The International Maritime Organisation (IMO) is grappling this week to secure an initial strategy to address shipping emissions, with countries edging towards agreeing a carbon-intensity goal initially and only later committing to absolute emission cuts and potentially using carbon markets.
Read MoreCARBON FORWARD: EU pushing for 2016 offset vintage limit as CORSIA rules start to take shape
The EU is pushing for the UN’s aviation offsetting scheme to accept only carbon credits generated from emissions reductions achieved after 2016, according to a senior European Commission official involved in the negotiations.
Read MoreIMO sets course for shipping emission cuts, but without final destination
The International Maritime Organisation (IMO) on Friday sketched an outline under which it will flesh out its initial strategy to address shipping emissions by 2018, but it stopped short of committing to decarbonise the sector this century.
Read MoreTarget the target: IMO resumes shipping emission goal-setting efforts
The International Maritime Organization (IMO) on Monday resumed work that will determine whether its 2018 initial strategy to address international shipping emissions should contain far-reaching targets, binding measures, or merely warm words.
Read MoreGlobal carbon pricing coalition turns focus to shipping
The World Bank-led Carbon Pricing Leadership Coalition has launched a maritime programme aimed at helping shipping companies adopt internal carbon pricing, smoothing the path for a globally-applied mandatory measure.
Read MoreIETA members expect UK exit from EU ETS, but spread of global emissions markets -survey
Six out of 10 respondents in the International Emissions Trading Association’s market sentiment survey expect the UK to drop out of the EU ETS, but most are optimistic that new markets will emerge globally driven by China and the aviation sector.
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