A critical meeting of the Marine Environment Protection Committee (MEPC), held by the global shipping industry’s UN regulator, will decide whether to go ahead with a USD 5 billion R&D fund – the ‘IMO Maritime Research Fund (IMRF)’. The decision is what industry is calling the 'first litmus test' of government's decarbonisation commitments following COP26.
Register to watch the full Shaping the Future of Shipping conference held during COP26 at University of Strathclyde, Glasgow, Saturday 6th November 2021
Green Climate Fund (GCF) discussed the possibility of an application to its Project Preparation Facility (PPF), worth up to USD 1.5 million, to fast-track the creation of shipping R&D Fund, that could be used to accelerate investment proposals to decarbonize the shipping industry.
In a landmark moment for maritime workers the formation of a Just Transition Maritime Task Force has been agreed to drive decarbonisation of the industry and support millions of seafarers through shipping’s green transition.
Meeting of industry leaders and ministers at COP26 in Glasgow will seek to increase spending on green technology development in shipping to meet net zero targets.
A massive scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says report by International Chamber of Shipping and global engineering, environmental and strategic consultancy Ricardo.
CEOs of the largest shipping companies in the world, climate representatives and maritime ministers to convene on decarbonising the sector at COP26.
ICS statement on the outcomes of the Intersessional Working Group on Reduction of GHG Emissions from Ships October 2021
Ahead of COP26, International Chamber of Shipping (ICS) commits global industry to net zero 2050 target, setting out a pathway to industry’s UN regulator
IATA, ICS, IRU and ITF pen letter warning of global transport system ‘collapse’