NGOs and shipping companies are leveling harsh criticism against the International Maritime Organization, IMO, following the past week's discussions on the shipping industry's contributions to climate efforts, which proved sorely disappointing to many.
The IMO has set a target of achieving carbon intensity reductions in shipping of at least 40 percent by 2030. Ahead of the meeting, many had hoped the MEPC would adopt legislation that would result in lowering carbon intensity in the short term, which would allow the IMO to ensure that the target of a minimum 40-percent reduction in carbon intensity could be achieved. Instead, the MEPC agreed to a carbon intensity reduction of 11 percent in 2023-2026.
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