The hard-fought agreement struck by the IMO’s Marine Environment Protection Committee (MEPC) creates a framework for the first long-term greenhouse gas reduction target in shipping. Hailed as a “Maritime Paris” landmark, it sets the sector's ambitions for emissions cuts.
Some 21 years since the Kyoto agreement left shipping out of global climate controls, the industry has begun to move from a strategy of efficiency improvements to one of targeted reductions designed to decarbonise progressively.
