IMO Net-Zero Framework
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IMO Net-Zero Framework
The IMO Net-Zero Framework (NZF) is a United Nations system to price maritime shipping emissions. It is set to apply from 2028 to shipping in IMO member countries, applying a carbon price of 100 USD per tonne of CO2 equivalent. The NZF would be the first global pricing mechanism for emissions, to be administered by the United Nations's International Maritime Organization. It was drafted by Marine Environment Protection Committee Meeting 83 (MEPC83) and is scheduled for adoption by the IMO at an extraordinary meeting in October 2025. Maritime shipping represents 3% of global greenhouse gas emissions. The Framework would apply to ships above 5,000 gross tonnage, which account for 85% of those emissions. System In the run-up to MEPC83, countries heavily debated what form the carbon pricing mechanism should takea simple levy was favoured by around 60 island nations. Meanwhile, 16 mainly bigger emerging market economies favoured a carbon trading system in which clean ship operators ...
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MARPOL 73/78
The International Convention for the Prevention of Pollution from Ships, 1973 as modified by the Protocol of 1978, or "MARPOL 73/78" (short for "marine pollution") is one of the most important international marine environmental conventions. It was developed by the International Maritime Organization with an objective to minimize pollution of the oceans and seas, including dumpingoil and air pollution The original MARPOL was signed on 17 February 1973, but did not come into force at the signing date. The current convention is a combination of 1973 Convention and the 1978 Protocol, which entered into force on 2 October 1983. As of January 2018, 156 states are parties to the convention, being flag states of 99.42% of the world's shipping tonnage. All ships flagged under countries that are signatories to MARPOL are subject to its requirements, regardless of where they sail, and member nations are responsible for vessels registered on their national ship registry. Provisions MA ...
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Refuelling A Container Ship
Refueling or Refuelling may refer to: *Filling station, for refueling motor vehicles *Refueling and Overhaul in the United States Navy * Reactor refueling *Aerial refueling *Bunkering, the refueling of ships * Refueling aircraft at airports See also * Nuclear reprocessing * Spent nuclear fuel Spent nuclear fuel, occasionally called used nuclear fuel, is nuclear fuel that has been irradiated in a nuclear reactor (usually at a nuclear power plant). It is no longer useful in sustaining a nuclear reaction in an ordinary thermal reactor and ...
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Global Warming Potential
Global warming potential (GWP) is a measure of how much heat a greenhouse gas traps in the atmosphere over a specific time period, relative to carbon dioxide (). It is expressed as a multiple of warming caused by the same mass of carbon dioxide (). Therefore, by definition has a GWP of 1. For other gases it depends on how strongly the gas absorbs thermal radiation, how quickly the gas leaves the atmosphere, and the time frame considered. For example, Methane emissions, methane has a GWP over 20 years (GWP-20) of 81.2. meaning that, a Fugitive gas emissions, leak of a tonne of methane is equivalent to emitting 81.2 tonnes of carbon dioxide measured over 20 years. As methane has a much shorter atmospheric lifetime than carbon dioxide, its GWP is much less over longer time periods, with a GWP-100 of 27.9 and a GWP-500 of 7.95. The carbon dioxide equivalent (e or eq or -e or -eq) can be calculated from the GWP. For any gas, it is the mass of that would warm the earth as much as the ...
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International Maritime Organization
The International Maritime Organization (IMO; ; ) is a List of specialized agencies of the United Nations, specialized agency of the United Nations responsible for regulating maritime transport. The IMO was established following agreement at a UN conference held in Geneva in 1948 and the IMO came into existence ten years later, meeting for the first time on 17 March 1958. Headquartered in London, United Kingdom, the IMO, in 2024, has 176 Member States and three Associate Members. The IMO's primary purpose is to develop and maintain a comprehensive regulatory framework for shipping and its remit today includes maritime safety, environmental concerns, and Admiralty law, legal matters, among other issues. IMO is governed by an assembly of members which meets every two years. Its finance and organization is administered by a council of 40 members elected from the assembly. The work of IMO is conducted through five committees and these are supported by technical subcommittees. Other ...
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Gross Tonnage
Gross tonnage (GT, G.T. or gt) is a nonlinear measure of a ship's overall internal volume. Gross tonnage is different from gross register tonnage. Neither gross tonnage nor gross register tonnage should be confused with measures of mass or weight such as deadweight tonnage or displacement. Gross tonnage, along with net tonnage, was defined by the ''International Convention on Tonnage Measurement of Ships, 1969'', adopted by the International Maritime Organization (IMO) in 1969, and came into force on 18 July 1982. These two measurements replaced gross register tonnage (GRT) and net register tonnage (NRT). Gross tonnage is calculated based on "the moulded volume of all enclosed spaces of the ship" and is used to determine things such as a ship's manning regulations, safety rules, registration fees, and port dues, whereas the older gross register tonnage is a measure of the volume of only certain enclosed spaces. History The International Convention on Tonnage Measurement of ...
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Carbon Emission Trading
Carbon emission trading (also called carbon market, emission trading scheme (ETS) or cap and trade) is a type of emissions trading scheme designed for carbon dioxide (CO2) and other greenhouse gases (GHGs). A form of carbon pricing, its purpose is to limit climate change by creating a market with limited allowances for emissions. Carbon emissions trading is a common method that countries use to attempt to meet their pledges under the Paris Agreement, with schemes operational in China, the European Union, and other countries. Emissions trading sets a quantitative total limit on the emissions produced by all participating emitters, which correspondingly determines the prices of emissions. Under emission trading, a polluter having more emissions than their quota has to purchase the right to emit more from emitters with fewer emissions. This can reduce the competitiveness of fossil fuels, which are the main driver of climate change. Instead, carbon emissions trading may acceler ...
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Small Island Developing States
The Small Island Developing States (SIDS) are a grouping of developing country, developing countries which are small island country, island countries and small states that tend to share similar sustainable development challenges. These include small but growing populations, limited resources, remoteness, susceptibility to natural disasters, vulnerability to external shocks, excessive dependence on international trade, and fragile environments. Their growth and development are also held back by high communication, energy and transportation costs, irregular international transport volumes, disproportionately expensive public administration and infrastructure due to their small size, and little to no opportunity to create economies of scale. They consist of some of the Effects of climate change on island nations, most vulnerable countries to anthropogenic climate change. The SIDS were first recognized as a distinct group of developing countries at the Earth Summit (1992), United Na ...
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Least Developed Countries
The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development. The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) on 18 November 1971. A country is classified among the Least Developed Countries if it meets three criteria:UN-OHRLLS . * Poverty – adjustable criterion based on Gross national income (GNI) per capita averaged over three years. , a country must have GNI per capita less than US$1,025 to be included on the list, and over $1,230 to graduate from it. * Human resource weakness (based on indicators of nutrition, health, education and adult literacy). * Economic vulnerability (based on instability of agricultural production, instability of exports of goods and services, economic importance of non-traditional activities, merchandise export concentration, handicap of economic smallness, and the percenta ...
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Initial IMO Strategy On The Reduction Of GHG Emissions From Ships
The Initial IMO Strategy on the reduction of GHG emissions from ships, or Initial IMO GHG Strategy, is the framework through which the International Maritime Organization (IMO) aims to reduce Greenhouse gas emissions, greenhouse gas (GHG) emissions from international Ship transport, maritime shipping. GHG emissions from shipping are about 3% of total GHG emissions, and under this strategy the IMO envisions their elimination within this century. However many companies and organizations say shipping should be decarbonized by 2050. International shipping was not covered by the 2015 Paris Agreement, which seeks to Climate change mitigation, limit climate change. With emissions from shipping expected to increase both in absolute and relative terms, there was pressure on the IMO to take action. In 2016, an agreement was reached to develop a strategy, which culminated in the adoption of the initial strategy in 2018. This is seen as a first step, with a revised strategy expected in 2023. ...
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Emissions Trading
Emissions trading is a market-oriented approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). One prominent example is carbon emission trading for and other greenhouse gases which is a tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy targets. This is in contrast to comma ...
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Emissions Reduction
Emissions reduction can refer to: * Climate change mitigation * Air pollution Air pollution is the presence of substances in the Atmosphere of Earth, air that are harmful to humans, other living beings or the environment. Pollutants can be Gas, gases like Ground-level ozone, ozone or nitrogen oxides or small particles li ... control See also * Certified emission reduction * Emission reduction unit {{disambiguation ...
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Maritime Transport
Maritime transport (or ocean transport) or more generally waterborne transport, is the transport of people (passengers or goods (cargo) via waterways. Freight transport by watercraft has been widely used throughout recorded history, as it provides a higher-capacity mode of transportation for passengers and cargo than land transport, the latter typically being more costly per unit payload due to it being affected by terrain conditions and road/rail infrastructures. The advent of aviation during the 20th century has diminished the importance of sea travel for passengers, though it is still popular for short trips and pleasure cruises. Transport by watercraft is much cheaper than transport by aircraft or land vehicles (both road and rail), but is significantly slower for longer journeys and heavily dependent on adequate port facilities. Maritime transport accounts for roughly 80% of international trade, according to UNCTAD in 2020. Maritime transport can be realized over an ...
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