MEPC 82 advances net-zero framework for shipping : IMO
LONDON : The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is making strides towards reducing greenhouse gas (GHG) emissions in the shipping industry.
The 82nd session of MEPC, held last week at IMO Headquarters in London, focused in part on developing a working draft for MARPOL Annex VI amendments using the “IMO net-zero framework.”
The committee agreed on a framework that initially applies to ships of 5000GT, with potential expansion to vessels of 400GT and above in the future. The primary goal is to “reduce GHG emissions from international shipping as soon as possible,” aligning with the 2023 IMO Strategy on GHG emissions reduction.
The progress was welcomed by the International Chamber of Shipping (ICS).
“The International Chamber of Shipping welcomes further progress achieved on developing a base text for amendments to the MARPOL Convention, to help ensure delivery of the International Maritime Organization’s goal for international shipping to deliver net-zero greenhouse gas emissions by or close to 2050,” the ICS said.
However, the ICS emphasized that more work is needed before the ‘Net-Zero Framework’ can be approved at the MEPC meeting in April 2025. The organization advocates for a universal GHG contribution system, which it believes “is the best chance the shipping industry has to meet the IMO net zero GHG emissions target by or around 2050.”
The key elements of the proposed IMO net-zero framework for reducing greenhouse gas emissions in the shipping industry include four main components. First, there’s a universal GHG contribution system based on the amount of CO2e emitted by ships. Second, the framework aims to implement measures to narrow the cost gap between traditional marine fuel oil and more environmentally friendly zero or near-zero GHG fuels. Third, it proposes a reward system for early adopters of these new technologies. Lastly, the framework includes the establishment of an IMO Fund to support a fair and equitable transition in developing countries.
The ICS noted broad agreement on these points among IMO Member States and industry stakeholders. The organization also highlighted ongoing cooperation between various proponents of GHG contribution measures, including the EU, Japan, Bahamas, Liberia, and Caribbean and Pacific Island States.
As the maritime industry moves towards a more sustainable future, the outcomes of MEPC 82 represent a crucial step in the global effort to combat climate change. The next critical milestone will be the MEPC 83 meeting in April 2025, where the regulatory text is expected to be approved.