Decarbonising Global Shipping: Is The IMO Net-Zero Framework Enough?

After more than a decade of talks, the IMO has agreed on the world’s first legally binding Net-Zero Framework for shipping which introduces a global fuel standard and a pricing mechanism for greenhouse gas emissions. The framework marks progress but it still falls short in ambition for many small island states and environmental groups, warning that the measures may not be enough to meet global climate goals. Despite criticism, the agreement marks a meaningful step towards a cleaner maritime future and can be considered a rare example of multilateral climate cooperation.

Aviation: EU ETS & CORSIA

Aviation emissions have increased significantly in the EU, despite intra-EEA flights being included in the EU Emissions Trading System (ETS) since 2012. The revision proposes several changes such as the end of free allocation and a stronger decline of the ETS cap. CORSIA is an international mechanism to address aviation emissions, but has several flaws that threaten to severely diminish its effectiveness.