Getting the World on Board – the International Maritime Organization’s Sustainability Efforts
Maritime shipping is the backbone of international trade and carries over 80% of the volume of trade in goods. It also accounts for 3% of global greenhouse gas emissions.
Legal structures to incentivize the transition to sustainable shipping are coming into place. The EU is well underway to adopt the Fit for 55 package, containing proposals that set intra-EU shipping on the pathway to complete decarbonization by 2050. Meanwhile, the International Maritime Organization (IMO) has introduced a rating system as a stimulus to reduce carbon intensity, with the goal of cutting emissions from international shipping by at least half by 2050.
What are the latest developments in IMO’s greenhouse gas-strategy? Is it possible to get all countries on board with its sustainability goals? How does Fit for 55 affect what IMO is doing? And does the IMO CII regulation truly create a level playing field for shipping companies and cargo owners around the world?
During this Sustainable Maritime Transport Forum, we will look at these questions together with experts in the field.
”IMO – the International Maritime Organization – is the United Nations specialized agency with responsibility for the safety and security of shipping and the prevention of marine and atmospheric pollution by ships. IMO’s work supports the UN Sustainable Development Goals. Its main role is to create a regulatory framework for the shipping industry that is fair and effective, universally adopted and universally implemented.” (Source: IMO.org)