At its AGM in Istanbul, ICS has agreed to urge the International Maritime Organization (IMO) to adopt some dramatic CO2 reduction objectives – on behalf of the international shipping sector as a whole – in order to match the ambition of the Paris Agreement on climate change, ICS said in its press release.
In a submission to IMO Member States, being made in conjunction with other shipping organisations, ICS will propose that IMO should adopt three Aspirational Objectives:
• To maintain international shipping’s annual total CO2 emissions below 2008 levels;
• To reduce CO2 emissions per tonne-km, as an average across international shipping, by at least 50% by 2050, compared to 2008; and
• To reduce international shipping’s total annual CO2 emissions by an agreed percentage by 2050, compared to 2008, as a point on a continuing trajectory of CO2 emissions reduction.
ICS wants IMO to remain in control of additional measures to address CO2 reduction by ships and to develop a global solution, rather than risk the danger of market-distorting measures at national or regional level.
ICS will suggest that IMO should adopt these objectives as part of the initial IMO CO2 reduction strategy to be agreed in 2018, following the adoption of an IMO Roadmap at the request of the industry in 2016.
Importantly, acknowledging concerns of developing nations about the possible impacts of CO2 reduction for trade and sustainable development, ICS emphasises that any objectives adopted by IMO must not imply any commitment to place a binding cap on the sector’s total CO2 emissions or on the CO2 emissions of individual ships.
The ICS AGM in Istanbul was hosted by the Turkish Chamber of Shipping from 9-11 May.