What is shipping’s contribution to global CO2 emissions?
According to the Fourth IMO GHG Study 2020, CO2 emissions from shipping (both international and domestic) accounts for approximately 2.89% of global anthropogenic emissions.
Regulatory developments: IMO GHG Strategy
Back in April 2018, IMO adopted the Initial IMO Strategy on reduction of GHG emissions from ships (Resolution MEPC.304(72)). This strategy was revised in 2023, through the adoption of Resolution MEPC.377(80) confirming IMO’s commitment to reducing GHG emissions from international shipping and, as a matter of urgency, to phasing them out as soon as possible.
The 2023 IMO GHG Strategy identifies four levels of ambition:
According to the Fourth IMO GHG Study 2020, CO2 emissions from shipping (both international and domestic) accounts for approximately 2.89% of global anthropogenic emissions.
Depending on different socio-economic and energy scenarios, emissions are projected to increase from about 90% of 2008 emissions in 2018 to 90-130% of 2008 emissions by 2050.
GreenVoyage2050 was established with the overall goal to support implementation of the IMO GHG Strategy. Recognizing that developing countries, in particular LDCs and SIDS, have special needs with regard to capacity-building and technical cooperation, the project aims to work together with selected developing countries. Aligned with this, the project aims to strengthen MARPOL Annex VI compliance, the regulatory instrument which contains global mandatory technical and operational energy efficiency measures for ships, namely, the Energy Efficiency Design Index (EEDI) and the Ship Energy Efficiency Management Plan (SEEMP), and through which the IMO GHG Strategy is operationalised.
Please consult the IMO Website for more information about the regulatory developments.