Shipping, World Trade and the Reduction of CO2 Emissions
The International Chamber of Shipping (ICS) is leading the representation of shipowners in the current negotiations at the International Maritime Organization (IMO), and at the United Nations Framework Convention on Climate Change (UNFCCC), with regard to achieving the best and most effective means of further reducing the shipping industry’s emissions of CO2.
International shipping is already, by far, the most carbon efficient mode of commercial transport – some 30 times more efficient than cargo aviation. However, the shipping industry fully accepts that the CO2 emission reduction which ships must aim to achieve should be at least as ambitious as the CO2 emission reduction agreed under any new United Nations Climate Change Convention.