Tag: IMO
-
Trump Pressures Vulnerable Nations as IMO Prepares to Vote on Shipping Carbon Levy
Background: a landmark shipping carbon pricing proposal Global shipping accounts for about 3% of greenhouse gas emissions today, with projections suggesting that share could rise to 10% by mid-century if no action is taken. The International Maritime Organization (IMO) has been negotiating a carbon pricing mechanism designed to levy charges on ships based on their…
-
Trump presses vulnerable nations as shipping emissions vote nears: risk to climate progress and trade
Overview: A high-stakes moment for shipping and climate action The International Maritime Organization (IMO) is poised to reaffirm a landmark plan: a carbon pricing mechanism that would require shipping companies to pay for their greenhouse gas emissions. The funds would support a transition to cleaner fuels and assist developing nations in adapting to, and mitigating,…
-
Trump Pressure on Vulnerable Nations Over Shipping Carbon Tax at IMO Talks
Overview: A showdown at the IMO over shipping emissions pricing As negotiators from around the world gather in London for four days of talks at the International Maritime Organization (IMO), the looming question is whether a landmark carbon pricing mechanism for ships will finally be reaffirmed and, if so, how it will be implemented. The…