Carbon pricing mechanisms are gaining traction, but a global deal remains elusive.
Topic: REGULATIONS
Climate-driven changes to ocean colour fuel urgency ahead of UN summit
The colour of the world’s oceans is changing – a visible sign of climate disruption that scientists say could have wide-ranging consequences for marine life. The shift comes as world leaders prepare to meet in Nice next month for a major United Nations summit on ocean conservation.
IMO 2028: How much will ‘surplus units’ cost?
The generation of tradeable ‘surplus units’ for overcompliance with bunker carbon intensity targets is one of the many complicating factors in the new IMO 2028 deal.
IMO mid-term measures: expert guidance required following MEPC 83
LR experts unpack the draft IMO Net-Zero Framework post-MEPC 83 and highlight why strategic, early action is essential for long-term competitiveness and compliance.
Landmark agreement towards achieving net-zero emissions from global shipping by 2050
The European Commission welcomes today’s agreement at the International Maritime Organisation (IMO), as a meaningful step towards achieving net-zero greenhouse gas (GHG) emissions from global shipping by 2050.
Countries reach historic deal to cut shipping emissions
After years of intense negotiations, countries on Friday reached a landmark deal to cut greenhouse gas emissions from global shipping, setting mandatory fuel standards and introducing an industry-wide carbon pricing mechanism.
IMO Makes History with First Global Carbon Pricing Scheme for Shipping, Despite Mixed Reactions
In a landmark decision, the International Maritime Organization (IMO) has approved the world’s first meaningful global carbon pricing scheme for the shipping industry, marking a significant step toward maritime decarbonization.
Q&A: Nations agree carbon-pricing system to steer shipping towards net-zero
Nations have agreed to introduce a worldwide carbon-pricing system for international shipping to drive the sector towards net-zero emissions by 2050.
UN shipping body approves global carbon pricing system
Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday.
Maersk wants global regulation to spur shipping’s demand for greener fuels
Customers seem reluctant still to pay premium for the new cleaner fuels, says Maersk VP. This is why a global regulation is so important.