ontinued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), aiming to remove emissions from international shipping by 2050.
Topic: SHIPPING
MV Iana delivered: Fuel efficient, future-proof and ready to go
The Netherlands-based Thecla Bodewes Shipyards has rolled the red carpet for MV Iana, the 5,050 dwt diesel-electric multipurpose vessel constructed for compatriot short-sea shipping company Transtal Shipping.
Brazil asks UN to ditch proposed levy on global shipping
Those supporting the deal hope it will raise billions to help poor countries deal with climate breakdown
50+ Nations Rally Behind 6PAC+ Call for a levy to enable Equitable Shipping Climate Measures in London
The 6PAC+ Alliance, a coalition of Small Island Developing States (SIDS) from the Pacific, Africa, and the Caribbean, along with key allies, have arrived in London ready to drive ambitious climate action at the 18th session of the International Maritime Organization’s (IMO) Intersessional Working Group on Greenhouse Gas Emissions (ISWG-GHG 18).
Governments Expected to Agree on World’s First Levy on Shipping Emissions At Upcoming IMO Meeting
Countries are expected to close in on a global shipping levy at next week’s International Maritime Organization meeting in London.
UN talks on a global carbon price on shipping enter final stage
Governments are expected to close in on key shipping climate laws-including a global carbon price-at the 18th intersessional meeting at the UN’s International Maritime Organization (IMO), on 17-21 February in London.
A strong carbon tax on shipping can give hope to climate-vulnerable communities
The International Maritime Organization is nearing a deal to price shipping emissions – it should be in the form of a levy that benefits the Global South
EU must steer proposed shipping carbon levy towards needs of most vulnerable countries
With the growing momentum for the adoption of a global carbon levy on international shipping this year, the European Union’s proposal must go stronger on justice and equity.
New report shows that Green Shipping Corridors will need additional support under a global fuel standard
Report from UMAS, UCL and GMF illustrates how green shipping corridors could benefit from a global fuel standard and regional policies, but that additional support would be needed to drive early adoption
New analysis highlights trade-offs between a levy and a fuel standard, and the need to balance short-term with long-term gains for African nations
A high carbon price in the form of a levy can have significant medium-term costs but stabilises as technology advances and redistribution of revenues offset the economic impacts, versus a fuel standard which minimises costs in the short-term but leads to increased costs in the long run.