By
Alex Smith |
The International Maritime Organization (IMO) has made progress in the agreement of a set of binding global regulations for a net-zero framework, aimed at achieving its greenhouse gas (GHG) reduction objectives.
At the 82nd session of the IMO’s Marine Environment Protection Committee (MEPC), held from 30 September to 4 October, member states identified areas of agreement in their positions. They produced a draft legal text to use as a basis for ongoing talks around the proposed mid-term measures for GHG reduction, which are expected to be adopted in 2025.
The draft legal text details proposals from member states and international organisations on possible amendments to the International Convention for the Prevention of Pollution from Ships, which, if adopted, would be incorporated into international law. Discussion also took place during the session on the possible establishment of an IMO GHG Intensity Registry and an IMO fund or facility to help implement the technical and economic elements of the GHG reduction measures.
These proposed measures include a goal-based marine fuel standard that will phase in the mandatory use of fuels with a lower GHG intensity and a global maritime GHG emissions pricing mechanism. The measures are aimed at driving international shipping industry’s transition to achieve net-zero GHG emission by or close to 2050.
“I welcome your continued demonstrated commitment,” said Arsenio Dominguez, secretary-general of the IMO, to member states at the close of the meeting. “It has allowed us to identify further areas of convergence on defining the legal framework for the IMO Net Zero Framework, that will effectively guide the next round of dialogue. I am convinced that at the next session, you will reach an agreement.”
The MEPC will hold its next session from 7 to 11 April 2025, where members are expected to approve the amendments ahead of their formal adoption in October 2025. Negotiations will continue before the next meeting, with four intersessional meeting to be held in the intervening time.