International Chamber of Shipping (ICS) seeks net zero emission standard

Highlighting gender equality in maritime

Source: Manila Times

May 31 2023

The International Chamber of Shipping (ICS) has submitted detailed proposals to the United Nations body, the International Maritime Organization (IMO) and member nations, on negotiations supporting the development of a Global Fuel Standard as a technical measure to reduce the greenhouse gas (GHG) intensity of marine fuels, targeting 5 percent by 2030.

He added, “Shipping remains the most carbonefficient way to transport the goods that we all use, with about 90 percent of world trade carried by sea. However, being efficient does not mean we must not work to address the 3 percent shipping contributes to global carbon emissions. We all have a role to play in decarbonization.”

ICS and its members are optimistic that governments will set a net zero target to send a signal to energy producers and marine fuel suppliers, charting the direction of travel.

International Chamber of Shipping (ICS) seeks net zero emission standard

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