World Shipping Council suggests three actions for IMO ahead of MEPC 79
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World Shipping Council suggests three actions for IMO ahead of MEPC 79
The World Shipping Council (WSC) is reaching out to the International Maritime Organization’s (IMO) climate committee, the Marine Environment Protection Committee (MEPC), ahead of its 79th session, presenting three concrete suggestions as to how ”swift progress” and efficiency in driving the shipping industry’s transition towards green fuels can be done.
”The WSC paper examines the main mid-term measures under deliberation, identifies cross-cutting issues relevant to numerous proposals, and proposes three key suggestions for consideration by member nations at IMO ISWG-GHG 13 and MEPC 79,” reads the WSC release.
WSC outlines three main proposals that, according to the organization, will strengthen the IMO’s greenhouse gas strategy.
First, the WSC suggests to alter the global fuel standard proposal so it includes fewer steps. It also suggests adding dates to the steps based on ”projected fuel and technology production timeframes for those fuels that will enable significant GHG reductions based on Well-to-Wake LCA analysis.” Fewer steps and dates will encourage earlier investments, among other effects, according ot the WSC.
Furthermore, the WSC suggests establishing IMO Green Corridors Programme, which could act as a means to ”introducing new fuels and technologies and as a practical and explicit vehicle for an equitable transition.”
Finally, WSC suggests the IMO to consider a benchmarking approach where the GHG intensity is based on a life cycle analysis metric rather than one based on the CII.
“Our core challenge is to create the regulatory structure to drive development, production, and adoption of low and near-zero GHG fuels and technologies, coupled with the necessary investments in renewable energy production for an equitable transition. Liner shipping is investing in decarbonization, and we urge IMO member nations to come together with a focus on future generations to ensure the advancements necessary for a timely energy transition,” says President & CEO of WSC John Butler.