South Korea initiates programme with IMO to cut ships’ GHG emissions, announces carbon neutrality pledge

2020-10-31 16:53:10 Trade Bodies (World Marine)

As explained, the training programme will facilitate the implementation of candidate measures to be adopted by IMO and the development of national action plans to reduce GHG emissions from the shipping and ports sectors. It will be funded through an allocation of US$2.5 million under the existing memorandum of understanding (MoU) between IMO and South Korea on the latter’s contribution to the Delivering Strategy and Reform – Voyage Together Trust Fund (DSR-VT TF).

The GHG-SMART will focus on least developed countries (LDCs) and small island developing states (SIDS). It will help them to develop their capacity to achieve the goals set out in the Initial IMO Strategy on Reduction of GHG Emissions from Ships.The strategy recognizes that there are potential barriers to achieving the targets and highlights the need for supportive measures, including capacity building, technical cooperation, technology transfer and research and development (R&D), particularly in developing countries.

If we are to achieve the goals in the initial IMO strategy, then we must ensure that no country is left behind in the transition to carbon-neutral shipping… This training programme will greatly enhance the implementation of the Initial IMO GHG Strategy, especially when it comes to building knowledge and capacity in SIDS and LDCs,” Lim commented.

Participants will come from a range of different stakeholders

“The Republic of Korea is fully supportive of the Initial IMO Strategy on reduction of GHG emissions from ships and the emphasis on its “Voyage Together” approach. The Government of the Republic of Korea hopes that this GHG SMART training programme will be the beginning of a concerted effort to assist the SIDS and LDCs with the implementation of the IMO strategy,” Moon said. It is envisaged that participants will come from a range of different stakeholders, including policy makers, public authorities and industry (shipping, ports and ship building).

Link with other IMO-executed GHG emission reduction projects

The programme will be strategically linked to the ongoing and proposed major projects implemented by IMO to achieve GHG emissions reduction. These include the Global MTTC Network (GMN) project and the GreenVoyage2050 project.There will also be cooperation with the World Maritime University (WMU) for technical input, and IMO’s Integrated Technical Cooperation Programme (ITCP).

South Korea announces carbon neutrality pledge

Following Japan, South Korea has become the latest Asian economy to announce its net-zero carbon emissions pledge.

Other Trade Bodies (World Marine)

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