The associations call on member states to approve the comprehensive global regulatory framework that will allow the transition of shipping to zero emissions by 2050, warning that, without it, the industry will face fragmentation of national regulations and increased costs, without substantial environmental benefit.
“Only global rules can decarbonize a global shipping industry,” it is emphasized in the joint announcement, which characterizes the October meeting as a historic opportunity to establish a unified framework that will ensure fair competition and accelerate the green transition.
The seven shipping organizations co-signing are:
The seven international bodies and organizations emphasize that shipping, which carries 90% of global trade, is ready to play a decisive role in achieving a sustainable, globally coordinated future for the maritime sector.
