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Navigating GHG Emission Reductions: Roadmap for Shipping Industry Transformation

This document outlines the multi-year plan for reducing greenhouse gas emissions in shipping, highlighting the industry's dedication to efficiency improvements. It covers developments from MEPC 59 to MEPC 62, including guidelines for EEDI, SEEMP, and EEOI, and the proposed Market-based Instruments Plan of Action. The text discusses the need for investment in emission reduction processes and stakeholders' long-term commitments to sustainability. It emphasizes aligning reductions with UNFCCC goals and the upcoming COP 15 outcomes.

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Navigating GHG Emission Reductions: Roadmap for Shipping Industry Transformation

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  1. Tripartite 2009 2.1 – GHG Emission Reductions

  2. The Problem ….. Thanks to DNV

  3. Introduction • Timetable • Years of IMO work … • MEPC 59 – July 2009 • UNFCCC – Copenhagen December 2009 • MEPC 60 – March 2010 • MEPC 61 – October 2010

  4. Introduction • Investment in the GHG reduction process • Stakeholders in shipping have a long term commitment to investment in efficiency • Focus on delivering reductions ‘at least as ambitious as the total GHG emission reduction under the (UNFCCC) Convention’. • Operational & Technical • MBI • Too early to decide? • COP 15 outcome

  5. Outcome of MEPC 59 • EEDI – new guidelines • Voluntary Trial Period (pending COP 15 outcome) • Industry input • SEEMP – new guidelines • Voluntary application at Company level • EEOI – new guidelines • Sub-divided ship categories • Market-based Instruments Plan of Action ………….

  6. Outcome of MEPC 59 • MBI Plan of Action Consider the outcome of COP 15 • MEPC 60 – submissions to be provided with detailed MBI proposals • MEPC 60 – to consider methodology & criteria for feasibility studies • MEPC 61 – to clearly indicate which MBI to evaluate further • MEPC 62 – report to 27th Assembly

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