Countries at the meeting of the United Nations' International Maritime Organization in London signed a deal for shipping emissions to reach net zero "by or around" 2050.
Ucg | Universal Images Group | Getty ImagesTwo weeks of talks at the United Nations shipping agency concluded in London on Friday, with a clear majority of countries emerging in favor of introducing the world's first-ever global emissions levy.
The UN is on the edge of adopting the world's first-ever global emissions price, but the policy will only be as successful as countries make it to be.
"The UN is on the edge of adopting the world's first-ever global emissions price, but the policy will only be as successful as countries make it to be," said Sandra Chiri, shipping emissions international outreach manager at the Ocean Conservancy, a U.S.-based advocacy group.
Other proposals include a push to combine a price on shipping emissions with an international emissions standard for maritime fuel.
Persons:
Sandra Chiri, Chiri, Gregor Fischer
Organizations:
United Nations, International Maritime Organization, Ucg, Getty, UN, Ocean, Ocean Conservancy, EU, Marshall
Locations:
London, Caribbean, U.S, Pacific, Africa, Canada, decarbonize, Fiji, Marshall Islands, Vanuatu, Barbados, Jamaica, Grenada, Belize