The note added that China objected to using “revenues for purposes of general climate changes adaptations out of the shipping sector”. plans to reach zero net emissions by that date.Īccording to a note seen by Reuters that was issued by China and circulated to developing countries, Beijing said, “developed countries are pushing the IMO to reach unrealistic visions and levels of ambition, especially requiring the international shipping industry to reach life cycle zero GHG emissions by 2050 at the latest”.

The IMO has so far pledged to halve greenhouse gas emissions from ships by 2050, from 2008 levels – a commitment that lags EU and U.S. In addition, there are also proposals for a levy on global carbon dioxide emissions on shipping.

They will adopt an upgraded greenhouse gas emissions strategy whose specific details are being discussed. Member countries of the U.N.’s shipping agency, the International Maritime Organization (IMO), are meeting in London this week. Guterres said such targets would provide “the certainty that the industry and investors need”. “And that includes ambitious science-based targets starting in 2030 – both on absolute emissions reductions and the use of clean fuels.” “I urge you to leave London having agreed a greenhouse gas strategy that commits the sector to net zero emissions by 2050 at the latest,” Guterres said in a recorded address. Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world’s carbon dioxide emissions, is facing calls from environmentalists and investors to deliver more concrete action, including a carbon levy. LONDON, July 3 (Reuters) – United Nations Secretary-General Antonio Guterres on Monday called for agreement to reach net zero greenhouse gas emissions by 2050 at crunch shipping talks in London this week and urged decarbonisation efforts to move faster.Ĭhina, however, is pushing back on the targets, according to a diplomatic note issued by Beijing.

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