The climate deal
In the summer of 2023, the 175 member states of the IMO reached a historic agreement to reduce greenhouse gas emissions from international shipping. During the 80th meeting of the Marine Environment Protection Committee (MEPC), it was decided that "by or around" 2050, net zero greenhouse gas emissions must be achieved based on a 'well to wake' approach. With this, shipping has the first global climate deal targeting the phase-out of greenhouse gases.
06-11-2024