Page 18 - INTERCARGO - Annual Report Report 2021 - 2022

ANNUAL REVIEW

Reduction of greenhouse gas (GHG)

emissions

INTERCARGO is fully committed The Association has been actively participating in the IMO de-
to IMO’s strategy and ambition to liberations and correspondence groups, expressing the views
of its members on the measures being developed by IMO and
reduce GHG emissions from ships. the challenges associated with these measures, including both
It would be a mistake however, short term measures (EEXI,CII) and lifecycle GHG/carbon in-
tensity guidelines for marine fuels.
to place responsibility for meeting
IMO’s zero emission shipping INTERCARGO has established an internal working group
tasked with assessing the technical aspects of short term and
targets fully on the shoulders mid-term measures and advising the Association’s Commit-
of the shipping industry. tees accordingly. Members who wish to participate in this
group should contact the Secretariat.

Global challenges require global solutions, but the commercial Whilst INTERCARGO continues to assess and support the
development of these solutions is within the direct control of technical and operational measures adopted to reduce GHG
other stakeholders and not solely shipowners. Such a target re- emissions, safety aspects cannot be ignored. In addition to the
quires a drastic and urgently needed acceleration in the com- very real safety issues, there are other technical and operation-
mercial development of the required technologies, fuels, pro- al challenges that the industry will need to overcome.
pulsion systems and related infrastructure.
At the same time, shipping must be allowed to fulfil global
In order to build a realistic pathway and address the challenges, needs for food and other key commodities whilst ensuring a
all stakeholders in the maritime venture should bear the costs level playing field and without market distortion.
of the decarbonisation transition and play their role. This is not
just shipowners and operators, it is charterers, fuel suppliers, Please also refer to INTERCARGO’s relevant public commu-
ports, cargo shippers and cargo receivers. One step back from nications over the last 12 months (https://www.intercargo.org/
these players are other stakeholders like financiers, insurers, news/category/media-releases/) :
shipbuilders, engine and equipment makers. Simply attempt-
• September 7, 2021: “Statement on GHG emissions and a
ing to regulate the owner alone will not achieve the desired ef-
levy-based Market Based Measure”
fect.
• September 13, 2021: “2021 Dry Bulk Shipping video: “Sus-
Whilst INTERCARGO fully supports the drive and the ambi- tainably serving the world’s essential needs”
tion to achieve zero emission shipping by 2050, it urges gov-
• November 4, 2021: “Achieving 2050 zero-emission ship-
ernments to adopt the necessary measures to accelerate R&D
ping: Global challenges require global solutions”
of zero-carbon technologies and expedite their deployment.
The net-zero target will only be plausible if governments take • November 23, 2021: “Statement on IMO’s MEPC 77
the necessary action to achieve this at IMO and thus INTER- meeting”
CARGO supported the industry proposal for the establishment
• February 4, 2022: “EU Beginning to Grasp Realities of
of an International Maritime Research and Development Board
Shipping, says INTERCARGO”
and an IMO Maritime Research Fund. This will need to be ac-
companied by a global levy-based Market Based Measure to • March 10, 2022: (Joint): “Industry backs United Nations $5
assist low and zero carbon fuels to become a competitive op- Billion ‘Moon-Shot’ Programme to decarbonise Shipping”
tion for shipping, while the necessary policies on land to scale
• June 09, 2022: “Towards 2050: Governments must share
up green fuels production are essential.
the load, warns INTERCARGO”

For more information, please visit:
www.intercargo.org/news/topics/emissions
and for a more detailed and chronological account of the
continuing deliberations at IMO with the participation of
INTERCARGO: www.intercargo.org/ghg-emissions-an-ac-
count-of-deliberations-at-imo/

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