IMO to set timeline for reducing greenhouse gas emissions
Time：2016-10-10
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ICS says the details of a CO2 reduction should be developed by the UN`s International Maritime Organisation (IMO) in response to the Paris Agreement on global warming.
The goal is to build on the mandatory United Nations IMO CO2 reduction regime already in place.
"Shipping is the only industrial sector which already has a mandatory global CO2 reduction regime in place, applicable to the entire world fleet and which predates the Paris Agreement by four years," said ICS chairman Esben Poulsson.
"Shipping has a very good story to tell. The most recent data from 2014 shows that shipping reduced its total CO2 emissions by over 10 per cent in just five years, despite continuing growth in maritime trade," he said
"The binding IMO rules, in force worldwide since 2013, will mean that future ships will be even more efficient and most ships built after 2025 will be at least 30 per cent more efficient than those delivered in the 2000s.
"With bigger ships, better engines, cleaner fuels and operational efficiency measures such as satellite-assisted speed management, we are confident of reducing CO2 emissions per tonne-kilometre by 50 per cent by 2050," he said.
The first step will be a global CO2 data collection system for ships, which IMO member states will officially establish this October, becoming fully operational by 2018.
But ICS asserts that, in the same way that governments under the Paris Agreement have set out Intended Nationally Determined Contributions (INDCs) for reducing the total GHG emissions by their national economies, IMO needs to do something similar on behalf of the international shipping industry, even though it is a sector and not a country.