IAPH Presented MBM Submission at IMO Working Group

Source: www.gulfoilandgas.com 10/29/2021, Location: Asia

The 10th session of the IMO Intersessional Working Group on GHG Emissions from Ships (ISWG-GHG 10) took place in online format from 18 to 22 October. The key item of note for ports was the discussion on market-based measures (MBMs) and IAPHs intervention, calling for a significant share of the MBM revenues to be directed to port investments, in developing countries, to facilitate an equitable energy transition towards low- and zero-carbon fuels. Despite the diverging opinions on appropriate measures, there was consensus amongst delegates that a more holistic approach, developing a basket of measures to fulfil the overarching IMO strategy, would be suitable. The group agreed to request the IMO secretariat to prepare an information document for the next session summarizing the collation of views expressed; invite the proponents of concrete proposals for mid-term measures to prepare an initial assessment of impacts on states of their proposals and encourage proponents of concrete proposals for mid-term measures, as well as any other delegation, to further consider the development and refining of proposals. The implementation of the IMO GHG strategy will be discussed at the forthcoming meeting of the Marine Environment Protection Committee (MEPC 77), which is held from 22 to 26 November. The next meetings of ISWG-GHG 11 and ISWG-GHG 12 will take place between 14-18 March and 16 to 20 May 2022 respectively. Members of the IAPH Climate and Energy Committee received a full report on ISWG-GHG 11 and will shortly get a briefing on what is to be expected from MEPC 77.


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