The International Chamber of Shipping issued a statement following the conclusion of the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 14). In the statement, ICS Secretary General Guy Platten expressed his disappointment by the lack of progress on setting new levels of ambition for GHG reductions to provide shipping with a clear net zero target for 2050. But remain optimistic that a deal can still be stuck at the crucial MEPC meeting in July. The IMO was hoping to gather consensus on a zero GHG emissions by 2050 target, raising the ambition to match the Paris 1.5 degree agreement, a range of countries including China, Russia, Saudi Arabia, Argentina and Brazil voted against the target.
