IMO prepared for net-zero framework talks at COP29

The Worldwide Maritime Group’s (IMO) Secretary-Common Arsenio Dominguez will lead the specialised company’s delegation to the annual UN Local weather Change Convention (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.

The twenty ninth Convention of the Events to the UN Framework Conference on Local weather Change (UNFCCC) will convey collectively world leaders together with an estimated 40,000 delegates representing governments, civil society, and the non-public sector for discussions on tips on how to tackle local weather change.

Consistent with the Paris Settlement, the worldwide maritime sector has dedicated to formidable targets of attaining net-zero greenhouse gasoline (GHG) emissions from delivery by or round 2050, as outlined within the 2023 IMO Technique to Scale back GHG Emissions from Ships.

At COP 29, Secretary-Common Dominguez will share the newest developments in delivering the technique, together with these associated to ongoing negotiations in direction of a brand new set of binding financial and technical ‘mid-term GHG discount measures’ to decarbonize the maritime sector.

COP is alleged to supply a chance to emphasize the significance of cooperation with the power and monetary sectors in addition to with cargo homeowners, given delivery’s very important function on the planet’s power transition and because the engine of world commerce.

Forward of COP 29, IMO has made a submission to the 61st session of the UNFCCC’s Subsidiary Physique for Scientific and Technological Recommendation (SBSTA 61) outlining the progress made and actions taken to this point to assist maritime local weather motion.

Amongst different points, the paper covers the outcomes achieved on the 82nd session of IMO’s Marine Surroundings Safety Committee (MEPC 82) held in September/October 2024.

At that assembly, the committee superior discussions on the proposed mid-term measures for GHG discount, which embody a worldwide pricing mechanism for GHG emissions from ships and a worldwide marine gas customary.

Member States recognized areas of convergence and discussions resulted in a draft authorized textual content – the “IMO Web-Zero Framework” – for use as the premise for the following part of talks.

The goal is to undertake these mid-term measures in late 2025, with a view to entry into power in 2027.

COP28 and sustainable maritime {industry}

In November 2023, COP28 was held in Dubai, the United Arab Emirates (UAE).

A number of bulletins have been made underneath the inexperienced delivery problem, together with new inexperienced delivery corridors, and regulatory and finance commitments.

What’s extra, the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition aiming to speed up the journey to zero emissions for container dealing with gear (CHE) at ports, was fashioned at COP28.

Moreover, greater than 30 leaders signed a joint dedication to allow renewable hydrogen-derived delivery gas to fulfill maritime {industry} decarbonization targets this decade. This was all set throughout the context of an array of occasions on transport, bringing collectively coverage makers, {industry} leaders, and civil society to debate alternatives and options for the sector.

A key theme rising via these discussions is nexus – how the transport decarbonization challenges and alternatives work together with different sectors and coverage targets.

• MEPC 81: Lion’s share of nations throw assist behind world GHG worth for delivery
• MEPC 81 questions knowledge of ‘wait and see’ strategy, UMAS says
• Transport {industry} requires world GHG payment in new proposal
• Web-zero aim in danger as delivery falls wanting inexperienced gas goal by 2030, report warns