International Maritime Organization’s Post

Is your country on ODA list and looking for support to develop National Action Plans (NAPs) to reduce GHG emissions from shipping. International Maritime Organization under its IMO GreenVoyage2050 project is inviting expressions of interest from developing countries specially SIDS and LDCs. The closing date for receipt of EOIs is 6 September 2024. Checkout the link in the below post for more info on application and eligibility. #IMO #PowerofPartnerships #GHG #NationalActionPlans #Maritime

Today marks a significant milestone in the carbon markets ! Switzerland and Thailand have completed the first-ever Article 6.2 deal under the Paris Agreement, involving the transfer of 1,916 Internationally Transferable Mitigation Outcomes (ITMOs). Article 6.2 allows nations to engage in cross-border exchanges of credits for greenhouse gas emissions, contributing to their Nationally Determined Contributions (NDCs). The KliK Foundation purchased these ITMOs from Energy Absolute Public Co. Ltd. for the Bangkok E-Bus Program. The credits will help Switzerland meet its Paris Agreement targets, with Thailand adjusting its greenhouse gas inventory to avoid double counting. #carboncredits #carbonmarkets #unfccc #carbonmanagement #article6

#First ever #ITMOs for #NDC use! Through the issuance of Internationally Transferred Mitigation Outcomes (ITMOs), #Switzerland and #Thailand are the first countries to successfully use the cooperative approach under the Paris Agreement to make significant progress in cooperative climate action. The KliK Foundation purchased the ITMOs from the Thai programme owner, Energy Absolute PCL (EA). The financial commitment of the KliK Foundation makes the conversion of the private bus fleet in the Bangkok Metropolitan Area from internal combustion engines to electric vehicles financially viable.   Find all information in our news article: https://lnkd.in/exKUPwTr #article6 #parisagreement #climateprotection #carbonoffset #co2reduction #carbonfinance #carbonmarket #climateaction #ITMOs #emissionreduction #energytransition #marketmatters #sustainability #environment #climateaction

🚀 The 6th Greenhouse Gas Inventory System Training Workshop kicked off today in Bangkok! 🌏🌿 This event is a crucial opportunity for countries in the Asia-Pacific region to strengthen their capabilities in managing and reporting greenhouse gas emissions in line with the enhanced transparency framework. Key expected outcomes include: 🔍 Enhancing understanding of the Enhanced Transparency Framework (ETF) and new reporting tools 💡 Exchanging advanced knowledge on GHG inventory systems 🌐 Engaging in policy dialogue for NDC 3.0 updates and BTR1 preparation The workshop is bringing together 40 participants from 12 countries (representing government, research institutions, and academia) to foster collaboration and advance the implementation of the Paris Agreement. #GHGInventory #ClimateAction #ParisAgreement #Together4Transparency Vlad Trusca; Tomoyuki AIZAWA

Forum on Trade, Environment & the SDGs (TESS) is pleased to release a policy brief on Fossil Fuel Subsidy Reform: Options for Inclusive Collective Action at the World Trade Organization, by Peter Wooders. Underlining the vital importance of #FFSR to #climate action & achieving #Paris Agreement goals, the brief highlights: ➡ impacts of different types of fossil fuel subsidies ➡ consumer subsidies for transport and residential use as well as subsidies for producers of oil and gas as priority areas for reform. ➡ the need for a just transition & addressing particular challenges developing countries face in reforming fossil fuel subsidies ➡ the critical role that @WTO can play as a forum for collective action & cooperation on #FFSR Read here: https://bit.ly/4d4jpcN

In January 2025, the FuelEU Maritime Regulation will enter into force, setting maximum limits for the average greenhouse intensity of the energy used by ships at European ports above a gross tonnage of 5,000. https://lnkd.in/eP6_8x5u

The Kingdom of Tonga, along with the #6PAC+ coalition of Small Island Developing States (#SIDS) came prepared for battle at the Intersessional Working Group on GHG (ISWG GHG-17), raising its voice early to propose a crucial agenda revision. Tonga stressed the need for the integration of both technical and economic measures, in line with the Pacific and Caribbean SIDS proposals. Tonga, along with the 6PAC+ coalition is urging the International Maritime Organization to prioritize #ClimateAction in the shipping industry, including a universal carbon levy of US$150 per ton of CO2. The growing group is pushing for bold, equitable measures that ensure the climate most vulnerable states are supported in the global transition to sustainable shipping. John Fatuimoana Kautoke Ministry of Infrastructure Tonga

Canada earned notable commitments from G7 partners on accelerating the clean energy transition and curbing environmental degradation at this week's ministerial summit in Italy. However, challenges persist in turning ambition into action on these complex global issues. #Canada2030biodiversity #Canadaenergypolicy #CanadaG7leadership #CleanEnergyTransition #criticalmineralsCanada #G7energycommitments #G7plasticpollution #phaseoutcoal #protect30by30 #renewableenergystorage

Shipping is a global industry. And with the change in world order it is also an opportunity for the Global South to take the lead in producing and supplying the alternative fuels the industry needs: Ammonia, Biofuels, Hydrogen and Methanol. "The full decarbonization until 2050 has attracted much attention, however only a few attempts were made to include the Global South in the potential and actual projects gathering maritime community. One of the promising attempts is a joint US-Danish project to resource and execute pre-feasibility studies for green corridors in five countries in the Global South. One of them is the Chilean Green Corridors Network Project. The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping cooperates with the Chilean Government on establishing a network of green corridors allowing for green maritime transportation of goods in and out of Chile. The aim of the project is to establish green corridors between ports where vessels can access, and bunker low-carbon fuels." Aside from green corridors, we must be open to helping them develop production facilities. As many have vast potential for wind and solar energy, as well as the large agricultural population in many of those countries. One intiative for alternative fuel production taken in the Global South is the Haru Oni project located near Punta Arenas near Chile. Built at the start of the decade, it uses wind energy to capture CO2 and combine it with green hydrogen to produce various electrofuels. This in turn, can be used to supply vessels worldwide. The result would be a significant reduction In CO2 emissions in production and usage and new jobs created in Patagonia. Another idea would be working with farmers and their representative bodies to procure stubble and other agricultural waste as biofuel feedstock. This way farmers do not have to resort to burning stubble thereby reducing pollution, as well as giving them a year round source of income, and for shipping companies and fuel producers, a steady source of feedstock to make RNG and other biofuels for shipping. It also provides jobs in the local areas in procurement and production processes. The Global South is set to be the main driving force of the world economy. So how else can we encourage them to innovate in green shipping? Feel free to comment below. #Globalsouth #sustainableshipping #decarbonisation

𝐆𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐥𝐞𝐚𝐝𝐞𝐫𝐬 have called on the International Maritime Organization (𝐈𝐌𝐎) to implement a robust regulatory framework to bridge the existing price gap between 𝐟𝐨𝐬𝐬𝐢𝐥 𝐟𝐮𝐞𝐥𝐬 𝐚𝐧𝐝 𝐳𝐞𝐫𝐨 𝐨𝐫 𝐧𝐞𝐚𝐫-𝐳𝐞𝐫𝐨 greenhouse gas(𝐆𝐇𝐆) alternatives. During the 𝐔𝐍 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐦𝐩𝐚𝐜𝐭’s High Level Ocean for the Future Meeting on 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟑, 𝟐𝟎𝟐𝟒, business leaders, governments, NGOs, and multilateral organizations urged 𝐈𝐌𝐎 𝐌𝐞𝐦𝐛𝐞𝐫 States to accelerate the adoption of cleaner marine fuels. The private sector expressed readiness to collaborate with governments on innovative policies and financial mechanisms that ensure fair competition and 𝐩𝐫𝐨𝐦𝐨𝐭𝐞 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 in the industry. As the 𝐦𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐬𝐞𝐜𝐭𝐨𝐫 faces ambitious environmental targets, stakeholders emphasized the need for global cooperation to ensure a just transition while maintaining efficient 𝐠𝐥𝐨𝐛𝐚𝐥 𝐭𝐫𝐚𝐝𝐞. #MaritimeIndustry #IMO #GreenShipping #SustainableFuels #GHGReduction #ZeroEmissions #CleanEnergy #GlobalTrade #ClimateAction #OceanSustainability #FutureOfShipping #UNGlobalCompact #GreenTransition #MarineFuels #EnvironmentalRegulation #JustTransition #PublicPrivatePartnerships NC: Offshore Energy