ICS Applauds 'Paris Agreement for Shipping'


The International Chamber of Shipping (ICS) has welcomed further reduction of shipping’s greenhouse gas (GHG) emissions, adopted on 13 April by the UN International Maritime Organization (IMO).

ICS argues that a 50% total cut by 2050 can realistically only be achieved with the development and very widespread use of zero CO2 fuels. ICS believes that if this 50% goal is successfully met, the wholesale switch by the industry to zero CO2 fuels should therefore follow very swiftly afterwards.

ICS says that the efficiency goal – a 40% improvement by 2030, compared to 2008, and a 70% improvement by 2050 – is extremely ambitious but probably achievable.

ICS says it hopes to discourage those regional measures which would not be effective in helping the international shipping sector to further reduce its total CO2 emissions, which are currently about 8% lower than in 2008 despite a 30% increase in maritime trade.

(ICS)