IMO progresses talks on greenhouse gas reduction from
IMO Advances GHG Emission Reduction Strategy
International efforts to reduce greenhouse gas (GHG) emissions from shipping gained momentum as the International Maritime Organization (IMO) concluded its latest discussions. The Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) focused on mid-term measures aimed at cutting emissions by late 2025. This initiative is part of the IMO’s 2023 GHG Reduction Strategy, which seeks to establish a framework for sustainable shipping practices.
Key Proposals for Emission Reduction
The IMO’s strategy includes two main components: a technical element and an economic element. The technical aspect involves creating a goal-based marine fuel standard. This standard will regulate the gradual reduction of GHG intensity in marine fuels. The economic element will introduce a pricing mechanism for maritime GHG emissions. These measures aim to incentivize the shipping industry to adopt cleaner technologies and practices.
During the recent discussions, the Working Group reviewed proposals based on a draft text for an “IMO net-zero framework.” This framework was initially agreed upon at the Marine Environment Protection Committee (MEPC 82) meeting. It incorporates suggestions from Member States and international organizations for potential amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL, Annex VI). If adopted, these amendments would integrate the proposed mid-term measures into the treaty, which currently has 107 Parties representing 97% of global merchant shipping tonnage.
The discussions also covered critical topics such as global marine fuel intensity regulations and the structure of the proposed GHG emissions pricing mechanism. Delegates acknowledged the need for a comprehensive approach, including the potential establishment of an ‘IMO Net-Zero Fund’ to support the transition. They agreed to keep all proposals for the economic element under consideration and recognized the importance of finding common ground among Member States. The next session of the Marine Environment Protection Committee (MEPC 83) is scheduled for April 2025, where further progress on these initiatives will be discussed.
