ICS backs global deal on climate change

The global shipping industry, represented at the United Nations Conference in Paris by the International Chamber of Shipping has given its full support to climate change regulations led by the UN IMO
ICS backs global deal on climate change

The global shipping industry has said it fully supports a global deal on climate change.

Represented at the United Nations Conference in Paris by the International Chamber of Shipping (ICS), the shipping industry has been committed to ambitious CO2 emissions reduction across the entire world merchant fleet, and ICS believe this will be best guaranteed if further regulation continues to be led by the UN International Maritime Organisation (IMO).

Proportionate to its 2.2 percent share of the world’s total CO2 emissions, international shipping accepts its responsibility to contribute to the CO2 reduction measures being taken by the global community.

IMO data shows that shipping has already reduced total CO2 emissions by more than 10 percent since 2007. The share of the world economy’s CO2 emissions from international shipping was just 2.2 percent in 2012 compared to 2.8 percent in 2007, while CO2 per tonne of cargo transported one kilometre by sea has fallen around 20 percent in the past 10 years as a result of aggressive fuel efficiency measures.

Speaking at a special shipping event at the Pompidou Centre in Paris, ICS Secretary General, Peter Hinchliffe, highlighted the additional CO2 reductions that will be achieved in the immediate future: “Mandatory regulations already adopted by IMO will ensure that all ships built after 2025 will be at least 30 percent more efficient than ships operating today. Combined with further technical and operational measures plus new technology, international shipping should be able to reduce its CO2 per tonne-kilometre by 50 percent before 2050.”

Mr Hinchliffe added: “These dramatic further CO2 reductions will be genuine and real. We will have bigger ships, better engines, cleaner fuels and smarter speed management. The mandatory worldwide use by ships of low sulphur fuel to reduce air pollution will provide a further significant incentive to improve fuel efficiency.”

With full industry support, IMO is now developing additional global measures. The next step will be the collection of CO2 emissions data from individual ships, which the industry would like to see mandatory as soon as possible.

Mr Hinchliffe said: “Despite further growth in maritime trade on which the prosperity of the world depends, the significant CO2 reductions achieved in recent years suggests that shipping is well on course for carbon neutral growth.”

Recent data from the United Nations Conference on Trade and Development (UNCTAD) makes clear that developing and developed nations are equal beneficiaries of maritime trade, which is critical to the achievement of the UN’s Sustainable Development Goals. ICS asserts that IMO is the only regulatory body that can ensure that future CO2 measures are implemented on a uniform and worldwide basis that will support sustainable trade and the interests of developing economies.

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by Laura Stackhouse

readmt.com Editor

Laura Stackhouse is the Web Editor of readmt.com, an official publication of the International Marine Purchasing Association (IMPA). To discuss news, features or contributing to readmt.com please get in touch.

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