The leader of negotiations to accelerate the decarbonisation of shipping believes there is a growing consensus for significant progress at crucial global talks in London next week.

Kitack Lim sees that there is growing understanding and trust between governments involved in the talks for faster decarbonisation.

There are signs that agreement may be found through leverage of funds generated by a levy on carbon-producing fuel that could raise up to $60bn each year to help offset climate and fuel-cost impacts along the lines of studies conducted by the World Bank.