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2023 IMO revised GHG 2050 strategy
In July 2023, members of the International Maritime Organization (IMO) revised the international shipping industry’s greenhouse gas (GHG) strategy to reach net-zero GHG emissions by or around 2050 with intermediate indicative checkpoints for 2030 and 2040. The IMO’s initial GHG strategy, set in 2018, envisaged a cut of at least 50% (from a 2008 baseline) in the shipping industry’s total GHG emissions by 2050.
Key elements of the revised IMO GHG strategy are:
    •Net-zero GHG emissions by 2050: target for the international shipping industry to achieve net-zero GHG emissions by or around 2050
    •Alternative zero and near-zero GHG fuels by 2030: commitment to promoting the uptake of alternative zero and near-zero GHG fuels by the year 2030. Increasing the adoption o
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2023 IMO revised GHG 2050 strategy