The International Chamber of Shipping (ICS) is standing for the globe’s nationwide shipowners’ organizations and also over 80 percent of the globe vendor fleet at the United Nations Climate Change Conference (POLICE OFFICER 25) in Madrid today.

“ICS is acutely aware of the urgent need for all economic activities, including international shipping, to eventually eliminate GHG emissions as soon as practicable, through a combination of short term measures such as such as speed optimization and longer-term measures such as the use of zero-carbon fuels,” stated the ICS Deputy Secretary-General, Simon Bennett.

“Now we need to redouble our efforts to deliver further dramatic improvements in fuel efficiency, as demanded by governments and society at large.”

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“The transition to zero CO2 emitting fuels – which ICS has dubbed the ‘Fourth Propulsion Revolution’ – is the challenge of our age, and one that we know the industry will embrace. This will require truly massive investment in research and development, which ICS believes must be at the heart of the IMO GHG Strategy if the ambitious reduction targets that IMO Member States have set are to be met.”

“Indeed, based on the total impact of the commitments so far made by governments as part of the Paris Agreement, successful delivery of the IMO targets will decarbonise shipping at a much faster rate than the rest of the world economy, whose emissions are projected to continue increasing for at least a further 10 years,” he included.

Join our POLICE OFFICER 25 occasion in Madrid on 13 December

Notes

The yearly Conference of Parties (POLICE OFFICER 25) to the United Nations Framework Convention on Climate Change (and also the 2015 UNFCCC Paris Agreement) satisfies in Madrid from 2-13 December.

In March 2019, together with various other worldwide shipowner organizations, ICS made a vital entry to IMO in order to highlight the truth that, when account is taken of forecasts for future profession development, the market can not attain the 2050 GHG decrease target making use of nonrenewable fuel sources alone.

This might call for a performance renovation of around 90% contrasted to 2008, which can not be provided with present propulsion systems. If the 2050 decrease target is to be fulfilled, readily sensible reduced discharge ships require to begin showing up on the marketplace by the 2030s.

Reference: ics-shipping. org