IMO GHG Strategy

The 2023 IMO Strategy on Reduction of GHG Emissions from Ships (adopted at MEPC 80) sets indicative checkpoints: 20–30% GHG reduction by 2030 and 70–80% reduction by 2040, relative to 2008 levels, with net-zero by 2050. It commits to increasing uptake of zero or near-zero GHG fuels to at least 5% (striving for 10%) of the shipping energy mix by 2030. The strategy underpins the development of a basket of mid-term measures including a fuel standard and carbon levy, expected to enter into force around 2027.