Bill Hemmings, aviation and shipping director at Transport & Environment, said:“Shipping is the only sector not subject to binding climate regulation and its remaining climate budget is fast being used up. Speed regulation is the most effective measure on the table, fortunately it will go forward for discussion at the next session. We have no time to lose, IMO procrastination must stop.”
John Maggs of Seas At Risk and President of the Clean Shipping Coalition, said:“The sound of deckchairs being rearranged was deafening at IMO this week. Faced with demands for urgent action to tackle the climate emergency, the IMO became a parody of itself with those that never wanted shipping climate action in the first place ensuring little or no progress was made.”
The shipping sector emits approximately 3% of the annual global CO2 emissions. Under a business-as-usual scenario, and if other sectors of the economy reduce emissions in line with Paris Agreement, shipping could represent some 10% of global GHG emissions by 2050.
Note to editors:
 IMO adopted a strategy to decarbonise shipping by 2050, and as a mid-term goal, to reduce the carbon intensity of the sector by at least 40% by 2030 compared to 2008. In order to achieve these targets, it committed to implement immediate measures to achieve GHG reductions before 2023. If IMO is to achieve this goal, a decision on such measures must be taken by summer 2020.