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Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the ParisAgreement in the first place. A statement provided by Shell welcomed signs that some form of new regulatory regime was on the way.
C are far behind the “pace and scale” required, with experts calling for policymakers to close the global gap in climateaction at COP28 later this month. The UNFCCC synthesis report recognises the need for systems transformation in a way that the ParisAgreement has “never articulated before”, according to Levin.
In March, the Intergovernmental Panel on Climate Change’s (IPCC) AR6 synthesis report noted that, while there are “tried and tested” policy measures that can achieve deep greenhouse gas (GHG) emissions reductions and build climate resilience, they will only have an impact if “scaled and applied globally”. An overshoot of 1.5°C
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