Is the IMO on track?
T&E's assessment of the impact of the IMO's draft Net-Zero Framework
Download documents
The IMO Marine Environment Protection Committee (MEPC83) approved a Net-Zero Framework in the hope of reaching the climate objectives set in the IMO 2023 GHG Strategy to decarbonise international shipping. The Strategy included intermediate objectives of 20-30% GHG emission reduction by 2030 and 70-80% reduction by 2040, eventually reaching net-zero by or around 2050.
Unfortunately, the draft deal – known as a IMO Net-Zero Framework – will fall short of delivering these targets, let alone being compatible with the 1.5ºC temperature goal of the Paris Agreement.
Related Articles
View All
What the Electrification Action Plan means for transport
T&E's in-depth review of the EU Commission's Electrification Action Plan
EU risks losing ground to China in race to produce green shipping fuels
Europe’s 69 e-fuel projects could deliver zero-emission fuels to shipping by 2033, but only six are operational. Regulatory measures would help more a...
EU takes half-hearted step towards taxing international flights
Extension of ETS to some international flights, private jets and to smaller ships are steps forward, but overall weakening of the ETS undermines Europ...