IMO: Shipping deal will cut emissions by a quarter

Will Nichols
clock

However, UN body admits growth in trade will see the industry's output rise without further market-based measures

Emissions from shipping will fall by around 23 per cent over the next 20 years owing to a series of efficiency measures agreed earlier this year, according to the International Maritime Organisation (IMO)....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Shipping

 Drax invests £1m in wind-powered shipping technology

Drax invests £1m in wind-powered shipping technology

Energy giant Drax and Smart Green Shipping announce partnership to accelerate development of wind-assisted vessel technology

clock 25 October 2024 • 3 min read
Keir Starmer calls for new emissions levy on global shipping

Keir Starmer calls for new emissions levy on global shipping

Ahead of latest IMO meeting, the British Prime Minister backs plans for a new global carbon pricing regime for the shipping industry

James Murray
clock 30 September 2024 • 6 min read
Five years to chart a new course? How shipping and aviation could rapidly address their climate impact

Five years to chart a new course? How shipping and aviation could rapidly address their climate impact

Two reports set out some of the actions that must be taken in near-term if the aviation and shipping industries are to get on track to meet their net zero goals

Cecilia Keating
clock 25 September 2024 • 7 min read