At the IMO Marine Environment Protect Committee (MEPC) has approved a proposal for a new technical and operational approach that would require ships to reduce their carbon intensity. Draft amendments to the MARPOL convention will be put forward for formal adoption at MEPC 76 in 2021. Details on the measures can be found the IMO website.
The International Chamber of Shipping is hoping its proposal for a USD $5B fund to accelerate R&D of zero-carbon technologies will be accepted. Further guidance on the issue will be issued at the conclusion of MEPC 75.
