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Our senior policy officer, Anaïs Rios, urges the IMO to adopt the Net-Zero Framework, as a result of years of international cooperation to reach the IMO's climate goals. Despite not being perfect, the NZF is the only measure that has already been agreed upon by member states until today. Any delay risks undermining climate-change mitigation ambition and early investment in zero- and near-zero-emission technologies, and weakening the fund's revenues. People and the world cannot afford any further delay. Access the full article and read the shipping expert breakdown of the 4+1 proposals under discussion ahead of September ISWG 👉 https://lnkd.in/gDBfnp2T

As climate disasters continue to make the headlines across Europe, our senior policy officer, Anais Rios, urges the International Maritime Organization to adopt the Net Zero Framework, a policy already agreed upon after years of international cooperation to help shipping reach its climate goals. Below is her breakdown of the proposals submitted by countries to adopt, amend, or replace the current Framework: 🇹🇻 Tuvalu: The most ambitious proposal. Fee on all GHG emissions above zero. This measure could raise more than US$100b per year for a JET transition, and meet IMO’s climate targets. 🇦🇺 Australia: NZF as it is now with no change. 🇧🇷 Brazil: Retains the NZF architecture but delays decarbonisation in exchange for steeper reductions later. Delay could affect climate reduction ambition and early investment in zero- and near-zero-emissions, and postpone revenues to the fund. 🇱🇷 Liberia: Weakest proposal. Emphasis on trading surplus units between ships and removed mandatory payments into a Net-Zero Fund, with payments largely flowing between companies. Investments in zero to near-zero-emission fuels could become weaker. 🇯🇵 Japan: Late submission, not up for adoption this year. Funding less predictable, reduce support to countries in need; and risks slowing the transition, making it more expensive over time. Read the full article here ahead of the ISWG 👉 https://lnkd.in/gDBfnp2T

As climate disasters continue to make the headlines across Africa, our senior policy officer, Anaïs Rios, urges the International Maritime Organization to adopt the Net Zero Framework, a policy already agreed upon after years of international cooperation to help shipping reach its climate goals. Below is her breakdown of the proposals submitted by countries to adopt, amend, or replace the current Framework: 🇹🇻 Tuvalu: The most ambitious proposal. Fee on all GHG emissions above zero. This measure could raise more than US$100b per year for a JET transition, and meet IMO’s climate targets. 🇦🇺 Australia: NZF as it is now with no change. 🇧🇷 Brazil: Retains the NZF architecture but delays decarbonisation in exchange for steeper reductions later. Delay could affect climate reduction ambition and early investment in zero- and near-zero-emissions, and postpone revenues to the fund. 🇱🇷 Liberia: Weakest proposal. Emphasis on trading surplus units between ships and removed mandatory payments into a Net-Zero Fund, with payments largely flowing between companies. Investments in zero to near-zero-emission fuels could become weaker. 🇯🇵 Japan: Late submission, not up for adoption this year. Funding less predictable, reduce support to countries in need; and risks slowing the transition, making it more expensive over time. Read the full article here ahead of the ISWG 👉 https://lnkd.in/gDBfnp2T

Wind is becoming one of shipping's smartest business decisions. Many shipping businesses are reaping the benefits of wind as a smart answer to supply chain pressure, fuel price volatility, and compliance with new climate targets. Early movers have made their choice, are you keeping up?

Wind can contribute to Europe's shipping zero-emission future! Wind is scaling up across international shipping, with more vessels adopting the technology. Driven by fuel savings, lower operating costs, and new climate policies, wind is proving that cleaner solutions are available today. Watch how fast the industry is moving in the video below:

Wind can contribute to Africa's shipping zero-emission future! Wind is scaling up across international shipping, with more vessels adopting the technology. Driven by fuel savings, lower operating costs, and new climate policies, wind is proving that cleaner solutions are available today. Watch how fast the industry is moving in the video below: