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An overview of the discussions from IMO MEPC 80 and Frequently Asked Questions: Read out from UMAS

Abstract

Today (07.07.2023) marks a historic day for the international shipping sector as the International Maritime Organization (IMO) adopts its 2023 IMO GHG Strategy, a much stronger revision of their 2018 Initial Strategy to reduce GHG emissions from international shipping.

The 2023 Strategy now envisions a Just and Equitable transition, an entirely absent concept in the Initial Strategy. In terms of a reduction pathway the strategy sets expectations on the sector, and indeed on the development of future policy measures, to strive for 30% GHG reductions by 2030, 80% GHG reductions by 2040, on 2008 levels, and an overall level of ambition of reaching net-zero emissions as close to 2050 as possible. This is a significant strengthening in comparison to the initial strategy and indeed, it amounts to a strong set of signals to the sector.

This readout is presented as a series of questions that provide an overview and interpretation of the outcomes of agenda item 7 of the 80th session of the Marine Environment Protection Committee