In April 2018 IMO adopted the historical strategy for CO2 and GHG from shipping. The strategy includes concrete reduction targets for the sector and requires shipping to reduce CO2 emissions per transport work, as an average across international shipping, by at least 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008. It was also agreed to peak GHG emissions from international shipping as soon as possible and to reduce the total annual GHG emissions by at least 50% by 2050 compared to 2008.
The work on concrete regulatory measures begins when IMO reconvenes in October 2018. The future reduction requirements will no doubt require significant changes that will influence the operation of all vessels and the big question is - how do we get there?
This meeting will give answers on what the first steps could be, and it will also highlight where the largest challenges are and bring up suggestions for solutions.