Steady Progress on MBMs During Intersessional IMO Meeting

Tuesday, April 05, 2011

Steady progress was made in considering the development of suitable market-based measures (MBMs) for international shipping, at the third intersessional meeting of IMO’s Working Group on Greenhouse Gas Emissions (GHG) from Ships, held at IMO’s London Headquarters, from 28 March to 1 April 2011.
 
The GHG Working Group will report its conclusions to IMO’s Marine Environment Protection Committee (MEPC), when it meets for its 62nd session from 11 to 15 July 2011.
 
The Working Group, which was attended by more than 200 experts from all over the world, was tasked with providing advice on, among other subjects, the compelling need and purpose of MBMs as possible mechanisms to reduce GHG emissions from international shipping and further evaluating the outcome of work conducted last year by an Expert Group, which had carried out a feasibility study and impact assessment of several possible measures previously submitted by governments and observer organizations. The aim of the Expert Group study was also to assess the impact of the proposed MBMs on, among others, international trade, the maritime sector of developing countries least developed countries (LDCs) and Small Island Developing States (SIDS), as well as the corresponding environmental benefits.
 
Following completion of the Expert Group’s study, some of the proposed MBMs have been  combined or further developed by their respective proponents and, in examining the proposals, last week’s Working Group held an extensive exchange of views on issues related to, inter alia, the desirability of MBMs providing: certainty in emission reductions or carbon price; revenues for mitigation, adaptation and capacity building activities in developing countries; incentives for technological and operational improvements in shipping; and offsetting opportunities. Based on such policy considerations, the Working Group then formulated advice to the MEPC, in accordance with its Terms of Reference, related to: the grouping of the MBMs; the strengths and weaknesses of the groups; their relation to relevant international conventions; and the aforementioned possible impacts.
 
The advice so formulated will now assist the Committee to determine, in accordance with its specific action plan for MBMs, future work by the Organization, including, as identified by the Working Group, further in-depth examination of the impact of MBMs on developing countries.
 
The MBM proposals under review ranged from a contribution or levy on all CO2 emissions from international shipping or only from those ships not meeting the requirements of the Energy Efficiency Design Index (EEDI), via emission trading systems, to schemes based on a ship’s actual efficiency, both by design (EEDI) and operation, based on the Ship Energy Efficiency Management Plan (SEEMP)).
 
The EEDI and SEEMP, which are technical and operational measures aimed at reduction of GHG emissions from ships, have been circulated for voluntary use by IMO and discussions on making them mandatory under the MARPOL convention will take place at MEPC 62. 

 

Source: International Maritime Organization

Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Fortum Buys Stake in Wave Power Startup

Finland's top utility, state-controlled Fortum, on Monday said it has acquired a 14 percent stake in Finnish wave energy developer Wello. Wello has developed

Cavernous Swiss Power Plant Undermined by Renewable Energy

Deep in a Swiss mountain, workers have blasted out a cathedral-sized hole for a power plant that will help keep Europe's lights on, but the profit outlook for the 1.

China's National Carbon Market to Start in 2016

China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1758 sec (6 req/sec)