The
Maritime Environment Protection Committee (MEPC 81) in March 2022 agreed an illustration
of a possible draft outline of an "IMO net-zero framework" for
cutting GHG from shipping, to include a goal-based marine fuel standard
regulating the phased reduction of the marine fuel's GHG intensity; and a
maritime GHG emissions pricing mechanism(s) to incentivize the transition to
net-zero (i.e the "mid-term measures").
The
Fifth GHG Expert Workshop on the Further Development of the Basket of Mid-term
Measures (GHG-EW 5) was organized, at the request of the MEPC, by the IMO
Secretariat to advance the further work on developing the basket of mid-term
measures.
The
comprehensive impact assessment was overseen by a Steering Committee comprised
of 32 IMO Member States and observers from 17 Member States and one Associate
Member State and 17 observer organizations.
The
workshop presented the results of work carried out for almost a year, with 11
formal meetings of the Steering Committee of the comprehensive impact
assessment of the basket of candidate mid-term measures, as well as some
informal meetings and open dialogues on the assessment of impacts on the fleet
and on States of the Organization's candidate mid-term GHG emission reduction
measures. The aim was to provide knowledge and understanding of potential
impacts on the fleet and on States of various mid-term measures under the
approaches related to a fuel standard and an economic mechanism.
Task
Leaders of the comprehensive impact assessment presented the outcomes and key
findings of the literature review (Task 1), results of the assessment of
impacts of the measures on the fleet and on States (Task 2 and 3), and the
outcome of the complementary qualitative/quantitative stakeholders' analysis,
including relevant illustrative case studies (Task 4). This workshop was an
informal meeting aimed at exchanging views and gaining more understanding of
the results, inputs, methodologies and assumptions applied by Task Leaders.
The
final reports can be found on IMODOCS, under MEPC 82. The reports contain a wealth of
information to guide Member States in the further development of the basket of
candidate mid-term measures.
The
Expert Workshop was attended by more than 300 participants from Member
States and international organizations, both in person and remotely, and was
moderated by Mr. Hanqiang Tan (Singapore).
The
next session of the Marine Environment Committee (MEPC 82) will be held from 30
September to 4 October 2024, preceded by the Seventeenth Intersessional Working
Group on Greenhouse Gas Emissions (ISWG-GHG 17) (23-27 September).