Getting to Zero Coalition calls on IMO Member States to secure an investable Net-Zero Framework
The Getting to Zero Coalition welcomes continued efforts to find common ground on a global framework for shipping’s energy transition, following the 22nd session of the International Maritime Organization’s (IMO) Intersessional Working Group on the Reduction of GHG Emissions from Ships (ISWG-GHG 22). Discussions last week revisited the postponed IMO Net-Zero Framework and considered a ...
The Getting to Zero Coalition is advocating for the International Maritime Organization (IMO) to establish an inclusive, investable Net-Zero Framework for the shipping industry's energy transition. This framework should minimize regional fragmentation, create accessible investment opportunities, and address the concerns of disproportionately affected countries.
It must also encourage early investments in long-term, zero-emission fuels and technologies by providing strong incentives and stable credit markets. The coalition stresses the importance of high-ambition, predictable targets and reward mechanisms to ensure a cost-effective transition and enable the growth of long-term, zero-emission fuels alongside less scalable alternatives. The coalition urges IMO Member States to prioritize these outcomes in the upcoming negotiations.
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.
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