PLEA Network

13 April 2018, Climate Home News Shipping to halve carbon footprint by 2050 under first sector-wide climate strategy. Global shipping must at least halve its emissions by 2050, under a hard-fought international deal that for the first time sets the sector on course to shrink its carbon footprint. The agreement reached by the International Maritime Organization (IMO) on Friday is an initial step for one of the world’s biggest polluting industries. Over the next five years, negotiators are to develop a package of measures to fulfil the target, delivering a final strategy in 2023. After a tense week of talks, with blocs of countries tussling over the level of ambition, negotiators stuck to a compromise forged the previous week. Climate advocates expressed disappointment the target did not go further, saying full decarbonisation by 2050 was needed to align with the global warming limits in the Paris Agreement. “Nevertheless, this deal provides the very clear policy signal that is needed for international shipping to begin to play its full part to achieve the goals of the Paris Agreement,” Marshall Islands environment minister David Paul and Christiana Figueres, head of the Mission 2020 initiative on climate action, said in a joint statement Thursday evening. It “keeps alive” the possibility to meet the accord’s stretch 1.5C warming limit and to review the strategy in light of new science, they added. Now the task is to decide how to meet those climate goals for shipping. Read More here