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Maritime News

Climate change Is shipping finally on board

Trade is on the rise again globally, and ships are back trawling our seas, connecting places and people. But ships don’t just drive trade, they unfortunately contribute to climate change too. In fact, global shipping is responsible for about 2.5% of global greenhouse gas (GHG) emissions, and these are projected to rise by between 50% and 250% by 2050 if nothing improves. And yet, maritime transport was excluded from the Paris Climate Agreement struck two years ago.

Why?

One problem lies in deciding which country to assign carbon emissions to when ships are almost always outside national borders. The issue is further complicated by the fact that the actual nationality of ships is often different from that of their owners, operators or crew.

Because of this, regulation of the international maritime sector’s greenhouse gas emissions falls to the International Maritime Organization (IMO), a specialised agency of the United Nations whose 172 member countries set global shipping standards.

Half-full types, however, see this as a thorough approach. By establishing the “how” first, the IMO sets and adheres to targets they are sure can be met. Whether these are sufficient to reduce shipping’s footprint remains a matter of discussion.

Read More.

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