Infrastructure
V Bhagya Subhashini
Jul 04, 2023, 10:43 AM | Updated 10:43 AM IST
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The head of the United Nations (UN) has called for maritime nations to reach an agreement on reducing the shipping industry's emissions to net zero by the middle of the century.
This appeal was made by UN secretary-general Antonio Guterres at the International Maritime Organisation (IMO) meeting in London. The meeting is seen as crucial in achieving the global goal of limiting global warming to 1.5 degree Celsius.
Guterres emphasised the importance of the shipping industry, which currently accounts for nearly three per cent of global emissions.
Guterres urged delegates to establish a new greenhouse gas strategy for shipping. This strategy should include ambitious science-based targets that begin in 2030, focusing on both absolute emissions reductions and the use of clean fuels.
The aim is to ensure that the shipping industry plays a vital role in combating climate change and reducing its environmental impact. This call for action highlights the urgent need for the industry to take responsibility and work towards a sustainable future.
The IMO has set a goal for the shipping industry to reduce its emissions by at least 50 per cent from 2008 to 2050, according to The Economic Times report.
This target aims to address the industry's contribution to greenhouse gas emissions and combat climate change. Additionally, there is support for implementing a carbon price for shipping, which would involve levying charges on emissions.
Some campaigners propose using the funds generated from this levy to assist developing nations in their efforts to mitigate climate change, while the industry prefers directing the money towards the advancement of clean technologies.
V Bhagya Subhashini is a staff writer at Swarajya. She tracks infrastructure developments.