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Union of Greek Shipowners President Melina Travlos: “The proposed IMO Net-Zero Framework, Clearly Is Not The Solution”

“Climate change is a reality that we are experiencing with ever-increasing intensity. The growing frequency of extreme weather events makes the substantial reduction of greenhouse gas emissions an urgent matter of both individual and collective responsibility. The goal of decarbonisation is clear and shared. As an industry, we recognise the role we have to play ...

Climate change is an undeniable reality, with extreme weather events becoming increasingly frequent. The shipping industry acknowledges its responsibility in reducing greenhouse gas emissions and is committed to making a meaningful contribution. The industry is investing in energy efficiency and new technologies to reduce the carbon intensity of emissions.

However, the proposed IMO Net-Zero Framework falls short of being a viable solution. The Union of Greek Shipowners President, Melina Travlos, emphasizes the need for a realistic and workable global framework adopted by the IMO. The current negotiations have revealed significant weaknesses in the proposed framework, which does not adequately address the affordability, availability, and scalability of required fuels.

The Panama and Liberia proposal, while not perfect, provides a balanced foundation for international dialogue. It takes into account critical parameters and recognises the crucial role of ship energy efficiency in reducing emissions. The industry's involvement is crucial for the successful green transition of shipping. Decisions regarding the shipping sector's green transition have global significance, and a global solution that ensures environmental effectiveness, economic viability, and social fairness is needed.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hellenicshippingnews.com →

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