Reduction Of GHG Emissions From Ships Four Regulatory Elements Critical to an Effective Global GHG Agreement Submitted by The World Shipping Council
MEPC 81 will consider development of an IMO GHG regulatory agreement consistent with the revised IMO GHG Strategy adopted at MEPC 80 in July 2023. This paper identifies four regulatory elements that WSC considers critical to formulating an IMO GHG instrument that can achieve the necessary environmental outcomes. These regulatory elements may be considered as cornerstones to an effective agreement that encourage shipowners, operators, and energy providers to make the necessary investments and enable the commercially viable operation of ships using advanced fuels and technologies.