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IMO and the Korea International Co-operation Agency (KOICA) Thursday signed a Co-operation Agreement at the Organization’s London Headquarters, for implementation of a pioneering technical co-operation project on Building Capacities in East Asian countries to address Greenhouse Gas Emissions (GHG) from Ships.
The co-operation between KOICA and IMO through this project is part of a much broader climate change initiative by the Republic of Korea titled the “East Asia Climate Partnerships” which aims to support the Republic of Korea’s efforts to take a lead in reducing carbon emissions and to move toward a low-carbon society, thereby setting a milestone for green growth and in this process to assist the developing countries in the region.
A sum of some US$700,000 will be made available by KOICA under the Agreement, which will fund ten activities to be implemented by IMO over a two-year period. The selected activities will focus on enhancing the capacities of developing countries in East Asia to develop and implement, at the national level, appropriate action on CO2 emissions from shipping, whilst at the same time, promoting sustainable development.
IMO, through its Marine Environment Protection Committee (MEPC), has developed energy efficiency measures, both for existing and new ships, in a comprehensive package of technical and operational measures to enable the shipping industry to increase its fuel efficiency and reduce its emissions.
Complete Story at:
http://gcaptain.com/korea-partner-greener-shipping?24401
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