IMO headquarters, London. Photo credit: Ship & Bunker
A proposal for the shipping industry, a goal of net zero -Emissions up to 2050 appear to have been rejected by member states this week 77 Meeting the IMO Committee for the Protection of the Marine Environment (MEPC77).
The aim of the IMO’s first decarbonisation strategy is currently to reduce emissions from shipping 50% by 2050 (compared to 2008 levels) and aim to eliminate them completely as soon as possible within this century.
This week, at MEPC77, an official proposal was made by Marshall Islands and Solomon Islands for a net target of zero by 2050, there has been a significant boost to over the past few weeks 150 Industry heavyweights saying that full decarbonization of shipping is possible by 2050.
a result of MEPC77 maintenance of the status quo was widely expected
Several companies including those like Amazon and Ikea, also recently committed to using only carbon-free shipping solutions by 2040.
While the goal of net zero by 2050 has been supported by a number of nations, including the US, the majority of members on the side of Saudi Arabia and China who at the time were against changes to the current strategy.
The chairman of MEPC Hideaki Saito said there was consensus among members to work on strengthening the ambitions of the original IMO GHG strategy in line with COP26. Proposals for changes to the current targets will be made as part of a strategy review, which will be presented as early as 2023.
As previously reported, a result was widely expected that MEPC77 would maintain the status quo of its own decarbonization goals.
IMO members have been invited to submit their proposals for strategy revisions for review to the MEPC78 in 2022.