The United Nations’ International Maritime Organisation has adopted a revised strategy to decarbonise global shipping, following the 80th assembly of its Marine Environment Protection Committee (MPEC 80).
As part of the strategy, member states have set a target to reach net zero greenhouse gas emissions “by or around” 2050. They have also agreed on implementing a global fuel standard, and that greenhouse gas emitters will have to pay a levy on their emissions.
With shipping being responsible for 3% of all greenhouse gas emissions, this is a significant step forward. This latest episode of the Beyond the Box podcast examines the significance of that deal and what it means for the industry and for making supply chains more sustainable.
Decarbonising global shipping
In this episode, Susan Ruffo, Senior Advisor for Ocean and Climate at the independent United Nations Foundation attended MPEC 80 unpacks the details of the strategy. Simon Bergulf, Group Representative for Europe at Maersk, was also present and shares his insights into what the outcome means for the shipping industry, while Jim Hagemann Snabe, Chairperson of Siemens offers the perspective of shipping customers.
While many celebrated the outcome of MPEC 80, Rasmus Bjerring Larsen from the Council for Green Transition says many wished the strategy had gone further.
Listen now to find out more about the upcoming changes and implementations and the potential for reducing shipping emissions in future.