What next for the IMO’s decarbonisation efforts?
What next for the IMO’s decarbonisation efforts?
The shipping industry is facing a challenge to play its part in achieving the Paris
Agreement target of limiting global warming to 1.5°C compared to pre-industrial
levels. As vital as the industry is for global trade and the global economy, it can no longer benefit from exceptional treatment compared to other crucial sectors (eg road transport, aviation, housing, etc). The political deadlock during the recent 76th session of the IMO’s Marine Environment Protection Committee (MEPC) highlighted serious concerns hampering negotiations between various groups of stakeholders around proposed decarbonisation measures. If real progress is to be made during the Committee’s next session in November, future diplomatic efforts must aim to ease those concerns by focusing on designing a mechanism to offset the potential unequal negative impacts which the introduction of measures could have on different groups of states, their economies and populations.
Shipping, Decarbonisation, IMO, Net-zero, Market-based measures
1-3
Dbouk, Wassim
5027fe6d-3bbb-4ef0-9dbc-9e9650e73493
25 August 2021
Dbouk, Wassim
5027fe6d-3bbb-4ef0-9dbc-9e9650e73493
Dbouk, Wassim
(2021)
What next for the IMO’s decarbonisation efforts?
Lloyd's Shipping and Trade Law, 21 (6), .
Abstract
The shipping industry is facing a challenge to play its part in achieving the Paris
Agreement target of limiting global warming to 1.5°C compared to pre-industrial
levels. As vital as the industry is for global trade and the global economy, it can no longer benefit from exceptional treatment compared to other crucial sectors (eg road transport, aviation, housing, etc). The political deadlock during the recent 76th session of the IMO’s Marine Environment Protection Committee (MEPC) highlighted serious concerns hampering negotiations between various groups of stakeholders around proposed decarbonisation measures. If real progress is to be made during the Committee’s next session in November, future diplomatic efforts must aim to ease those concerns by focusing on designing a mechanism to offset the potential unequal negative impacts which the introduction of measures could have on different groups of states, their economies and populations.
This record has no associated files available for download.
More information
Published date: 25 August 2021
Keywords:
Shipping, Decarbonisation, IMO, Net-zero, Market-based measures
Identifiers
Local EPrints ID: 451737
URI: http://eprints.soton.ac.uk/id/eprint/451737
ISSN: 2577-5219
PURE UUID: 0296433a-3fbf-4de9-a31c-367477d3ee04
Catalogue record
Date deposited: 22 Oct 2021 16:31
Last modified: 16 Mar 2024 14:29
Export record
Download statistics
Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.
View more statistics