UN shipping deal aims to cut greenhouse gases through new rules starting in 2027. The plan targets large vessels over 5,000 tons, which create most maritime carbon emissions. Global shipping causes nearly three percent of the world's greenhouse gases as it moves 80 percent of international trade.
The agreement includes two main parts to clean up the industry. Ships must meet stricter fuel standards that reduce pollution over time. Vessels exceeding emissions limits must pay fees, while clean ships earn rewards. The money collected will fund research for greener technology across the industry.
IMO Secretary General Arsenio Dominguez praised countries for working together on climate action. The framework creates a special fund to help developing nations adapt to changes. The program will support small island nations facing rising seas. Officials expect formal adoption this October before the rules take effect.
Ships must track emissions based on energy used from production through operation. The system rewards vessels using zero-emission technology with financial benefits. Final regulations aim to achieve net-zero shipping emissions by 2050.
The agreement includes two main parts to clean up the industry. Ships must meet stricter fuel standards that reduce pollution over time. Vessels exceeding emissions limits must pay fees, while clean ships earn rewards. The money collected will fund research for greener technology across the industry.
IMO Secretary General Arsenio Dominguez praised countries for working together on climate action. The framework creates a special fund to help developing nations adapt to changes. The program will support small island nations facing rising seas. Officials expect formal adoption this October before the rules take effect.
Ships must track emissions based on energy used from production through operation. The system rewards vessels using zero-emission technology with financial benefits. Final regulations aim to achieve net-zero shipping emissions by 2050.
