Note by the International Maritime Organization to the first meeting of the Transitional Committee for the design of the Green Climate Fund - IMO

Posted - 24 May 2011 - IMO

Introduction: Control of GHG emissions from ships

1 Although international shipping is the most energy efficient mode of mass transport
and only a modest contributor to overall CO2 emissions, a global approach to further improve its energy efficiency and effective emission control is needed as sea transport will continue growing apace with world trade.

2 With regards to the International Maritime Organization (IMO)’s effort to control
greenhouse gas (GHG) emissions from ships, IMO’s Marine Environment Protection
Committee (MEPC) has been working on the development of a comprehensive regulatory
framework of mandatory measures. The regulatory regime consists of voluntary technical and operation measures that are currently being considered for possible mandatory application and of potential market-based measures that are presently being examined in detail.

Complete Document can be found at:
http://unfccc.int/files/meetings/awg/application/pdf/imo_all_250511.pdf