ICS proposes GHG Fee to achieve IMO 2050 emission goals

The ICS acknowledges strong support for a universal GHG contribution but recognizes concerns from countries like China and Brazil on emissions pricing.

Shipping companies, cargo owners, NGOs and industry bodies call for a level playing field and practical solutions from the IMO’s mid-term GHG reduction measures.

The initiative aims to ensure that the GHG emissions data provided are reliable and accurate, to allow fair comparison between transport services.

The website actively encourages other data providers to join this collaborative effort, thereby expanding the breadth and depth of information available.

ICS is disappointed to see that the proposed resolution clarifying the current status of the CII rating system did not receive support from Member states.

MEPC 81 agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas emissions from international shipping.