IMO‘s 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)