IMO members leave Net-Zero Framework questions open
In Denmark, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping says International Maritime Organization member states left major questions unresolved over emissions targets, compliance mechanisms, transition funding and incentives for zero and near zero fuels during negotiations on the Net-Zero Framework.
All member states agreed that the primary compliance option for a ship should be the reduction of emissions. Brazil and Japan proposed softer greenhouse gas fuel intensity targets through 2035 or 2036. Members also remain divided over whether to set targets beyond that period now or leave them for later review.
China proposed a fixed monetary reward or a calculation based incentive using a multiplier that would give ships additional compliance credit for using zero and near zero fuels.
Negotiations on the Net-Zero Framework resume Nov. 23 before the IMO Marine Environment Protection Committee’s 85th session.
Category: Sustainable Marine Fuels
