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Chamber of Shipping Makes Push for CO2 Reductions

At its annual general meeting in Istanbul last week, the International Chamber of Shipping (ICS) has agreed to urge the International Maritime Organization (IMO) to adopt some dramatic CO2 reduction objectives - on behalf of the international shipping sector as a whole - in order to match the ambition of the Paris Agreement on climate change.

In a submission to IMO Member States, being made in conjunction with other shipping organizations, ICS will propose that IMO should adopt three objectives:

• To maintain international shipping’s annual total CO2 emissions below 2008 levels;

• To reduce CO2 emissions per tonne-km, as an average across international shipping, by at least 50 percent by 2050, compared to 2008; and

• To reduce international shipping's total annual CO2 emissions by an agreed percentage by 2050, compared to 2008, as a point on a continuing trajectory of CO2 emissions reduction.

Speaking in Istanbul, ICS Chairman, Esben Poulsson, said: "It is very important that IMO sends a clear and unambiguous signal to the global community that shipping's regulators have agreed some ambitious objectives, with numbers and dates, for reducing the sector's CO2 emissions, in the same way that land-based activity is now covered by government commitments under the Paris Agreement."

ICS wants IMO to remain in control of additional measures to address CO2 reduction by ships and to develop a global solution, rather than risk the danger of market distorting measures at national or regional level.

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