The Glasgow Climate Pact was agreed at COP 26, emphasising the urgent need for a rapid and sustained decline of global greenhouse gas (GHG) emissions. The IMO’s Marine Environment Protection Committee’s 77th meeting (MEPC 77), held two weeks after, was…
Did MEPC 77 deliver for decarbonisation? Read More »
There cannot be many people left in the shipping sector unaware that the International Maritime Organisation (IMO) has set a target of reducing annual greenhouse gas emissions in shipping by at least 40% by 2030 and pursuing a 70% reduction by 2050. As…
EEXI and CII – shipping’s next environmental challenge Read More »
Zero-emission fuels and vessels will need to start being deployed at scale over the next decade to achieve full decarbonization of the shipping sector by 2050. This ambitious goal could be catalyzed by green corridors. The shipping sector is the lifebl…
Green corridors: A lane for zero-carbon shipping Read More »
Carbon capture and storage (CCS) will be a key technology if the world is to meet the goals of the Paris and Glasgow agreements. Although the technologies and the industry are very much still emerging, a possible challenge is connecting capture sources…
11 out of 23 ship finance portfolios are aligned with the IMO’s decarbonization target. In 2020, only 20% of reporting Signatories were aligned with this goal. The second Poseidon Principles Annual Disclosure Report 2021 reflects the Signatories’ leade…