The government also encourages the Chinese shipping industry to promote green transformation through active exploration, innovation, and international collaboration.Ĭhina’s regulation on Energy Consumption Data and Carbon Intensity of Ships requires ships of 400 GT and above to report energy consumption data of their last voyage to the China Maritime Safety Administration. The Ministry of Transport published the 14th Five-Year Plans, encouraging the use of new and clean energy, and a draft amendment to the Marine Environment Protection Law to reduce GHG emissions in the shipping sector.
The country’s multilevel government agencies are taking action to implement these goals in the shipping sector, including upgrading old ships, developing ships powered by electric power and LNG, promoting shore power usage, and advancing green, smart ships along coastlines and inland waterways.
The US has several policy initiatives supporting renewable energy production, manufacturing advanced-technology vehicles, and maritime infrastructure development.Ĭhina has set ambitious goals to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, known as the ’30-60′ goals. The US has also developed a roadmap for reducing emissions from the transport sector, including maritime, which outlines actions on research and innovation, international and domestic stakeholder engagement, infrastructure investment, and improved design and planning.įurthermore, US works through the International Maritime Organization (IMO) to revise its GHG strategy to aim for phasing out GHG emissions from international shipping to zero no later than 2050. The US State Department and the White House have issued an along-term strategy aiming for net-zero emissions by 2050, focusing on investments in renewable energy production, reduced methane emissions, and increased natural and technological removal of carbon dioxide. The US has not enshrined a climate target in its national laws, but when re-joining the Paris Agreement in 2021, it committed to a 50% to 52% reduction in net GHG emissions by 2030. Ships above 5,000 gross tonnage must acquire and surrender emission allowances for their GHG emissions from 2024. This is an emission cap-and-trade system, with a cap reduced each year to align with the EU’s 2030 target. Two pieces of legislation, EUETS and FuelEU Maritime, set specific requirements for ships.Īdditionally, the EU has adopted a revision of the EU ETS, which includes shipping from 2026. The Green Deal is a blueprint for achieving these ambitions, with the Fit for 55 legislative package proposed in 2021. This is seen as an opportunity to decouple economic growth from resource use and create opportunities for clean technology and solutions. The European Union (EU) has set legally binding targets to reduce emissions by 55% by 2030 and become climate-neutral by 2050. The review of the regulation will be completed by the end of 2025. However there are still several challenges with the Carbon Intensity Indicator (CII) – related in particular to ships with long period of waiting, port stay, and stationary operations – have been identified, but no further updates to the CII framework will be made at this time. Recognizing the significant interest in the use of biofuels, the IMO also agreed that certified sustainable biofuels with at least 65% less well-to-wake GHG emission compared with fossil fuel can use a reduced CO2-emission factor under the Data Collection System (DCS) and CII.
The measures will be adopted in 2025 and enter into force in mid-2027.Įnergy Efficiency eXisting Ship Index (EEXI) is well underway, and the last year has seen only minor updates on related guidelines. To achieve these ambitions, the IMO will implement a technical goal-based marine fuel standard and an economic maritime GHG emissions pricing mechanism. The strategy also addresses lifecycle GHG emissions from shipping, aiming to reduce emissions within the energy system of international shipping and prevent emissions shifting to other sectors. The International Maritime Organization (IMO) has revised its Global GHG strategy, aiming to reduce well-to-wake GHG emissions by 20% in 2030, 70% by 2040, and 80% by 2050. DNV takes a look at how major organizations and countries approach the issue of decarbonization through their regulations: These factors are supported by frameworks and standards specifying sustainability evaluation criteria, GHG emission calculation methods, and reporting requirements.
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