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IMO member states are meeting this week for critical talks to discuss how the carbon-intensive shipping industry can be regulated to meet its 2030 climate target of reducing its carbon emissions intensity by 40 percent compared to 2008 levels. Shipping & Logistics. As the U.K. Climate Change. Corporate Strategy. Sustainable Shipping.
Its 2040 target will require a 90-95% reduction in an average ship’s GHG intensity. Additionally, the IMO has determined that zero or near-zero GHG emission technologies, fuels and/or energy sources must represent at least 5% of the energy used by international shipping by 2030.
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