The International Maritime Organization (IMO), the specialized United Nations agency responsible for international shipping, aims to reduce greenhouse gas (GHG) emissions from the shipping sector. International...
There is an ongoing debate at the MEPC on how potential carbon revenues from international shipping could be used, managed, and governed. This technical paper aims to contribute to this debate by addressing...
This summary for policymakers aims to highlight the unique potential of revenue-raising market-based measures for international shipping. It discusses the significant magnitude of carbon revenues that...
Across the maritime industry, there is general agreement that shipping must undergo a rapid energy transition. This implies a shift from fossil bunker fuels, such as the predominant heavy fuel oil (HFO)...
Global maritime transport plays a crucial role in both facilitating trade and fostering economic development at an international scale. Carrying an estimated 70 percent of global trade by value and 80...
The International Maritime Organization's initial strategy on reduction of greenhouse gas emissions from ships stipulates that the international shipping sector should assess the impacts on states prior...
This is the executive summary of a full research paper (see World Bank working paper no. WPS8695; http://documents.worldbank.org/curated/en/215561546957017567/). The initial International Maritime Organization...