Shipping decarbonization and green ports

Abstract

The “Initial IMO Strategy” was adopted in the 72nd session of the Marine Environment Protection Committee (MEPC 72) of the International Maritime Organization (IMO) in April 2018. It has set, among other things, ambitious targets to reduce greenhouse gas (GHG) emissions from ships, and purports to express a strong political will to phase them out as soon as possible. The most ambitious of these targets is to reduce GHG emissions by 2050 at least 50% vis-à-vis 2008 levels, and there is also an intermediate target to reduce CO2 emissions per transport work by 2030 at least 40%, again vis-à-vis 2008 levels (IMO, 2018). In the period after MEPC 72, the focus of the IMO discussion has been on the formulation and eventual adoption of the short-term measures, that is, measures that are to be agreed upon and implemented by 2023. In fact, MEPC 76, held in June 2021, and after a rather difficult discussion, adopted such a short-term measure. MEPC 77 (November 2021) saw the initiation of the discussion on mid-term and long-term measures, which include, among others, market based measures (MBMs) and alternative fuels. The discussion continued at MEPC 78 (June 2022) and is expected to continue at future meetings of MEPC.