ICS addresses governments ahead of United Nations Climate Change Conference
Shipping industry is fcommitted to reducing its CO2 emissions by 20% by 2020 The International Chamber of Shipping (ICS) has produced a briefing document for government climate change negotiators, in advance of the next United Nations Climate Change Conference (COP 17), which commences in Durban at the end of this month.ICS secretary general, Peter Hinchliffe explained: "The international shipping industry is firmly committed to reducing its CO2 emissions by 20% by 2020, with significant further reductions thereafter. However, the Durban UNCCC needs to give the IMO a clear mandate to continue its vital work to help us deliver further emission reductions through the development of market based measures (MBM)."The shipping industry hopes that governments at COP 17 will respond positively to the significant IMO agreement, in July 2011, to adopt a package of technical measures to reduce shipping's CO2 emissions - which by 2030 should reduce ships' emissions by 25-30% compared to 'business as usual'. This is the first ever international agreement containing binding and mandatory measures to reduce CO2 emissions that has thus far been agreed for an entire industrial sector.Most importantly- and without prejudice to what governments might agree at UNCCC - the shipping industry believes that IMO...
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