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2023 IMO Greenhouse Gas Strategy
July 14 , 2023
491 days
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- The International Maritime Organisation (IMO) agrees to adopt the 2023 IMO strategy on the reduction of GHG emissions from ships, to mitigate harmful emissions.
- The shipping industry is responsible for 1 billion tonnes of CO2 emissions annually or 3% of global greenhouse emissions.
- The revised IMO GHG Strategy focuses on ensuring uptake of alternative zero and near-zero GHG fuels by 2030.
- It also made a call to reduce the total annual GHG emissions from international shipping by at least 20%, striving for 30%, by 2030, compared to 2008.
- It urged to reduce the total annual GHG emissions from international shipping by at least 70%, striving for 80%, by 2040, compared to 2008.
- Near-zero emission technologies, fuels, and energy sources should “represent at least 5%, striving for 10%, of the energy used by 2030.”
- IMO was established in Geneva in 1948 as a specialised agency of the United Nations.
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