IMO is advancing concrete measures to decarbonize shipping, while aiming to shield small island developing states and least developed countries from any potential negative impacts to their economies.
Global Supply Chain Forum
At the world’s first Global Supply Chain Forum (21-24 May), organized by UN Trade and Development (UNCTAD) and the Government of Barbados in Bridgetown, IMO Secretary-General Mr. Arsenio Dominguez named decarbonization as one of two major challenges currently facing the maritime industry, along with geopolitics.
During a high-level panel, Mr. Dominguez highlighted how attacks on commercial vessels in the Red Sea area is affecting efforts to cut emissions in shipping.
Focus on SIDS and LDCs
The Global Supply Chain Forum focused on key issues such as financing, trade facilitation, transport connectivity, digitalization, climate action, and preparing developing countries for the energy transition in international transport.
The first panel session focused on ‘Climate change mitigation and energy transition’, highlighting the opportunities and challenges for green shipping in the Caribbean region and for SIDS in general.
Participants explored the underlying needs and gaps SIDS face and how these can be tackled through initiatives such as access to technology in the Global South, cooperation among all actors in the maritime supply chain, and appropriate training to seafarers and maritime workers on the handling of zero or near-zero GHG emission fuels.
Practical solutions
Discussions delved into practical solutions, such as building an enabling environment for the production and bunkering of zero or near-zero GHG emission fuels, mainstreaming IMO regulations into national legislation, and narrowing technology and infrastructure gaps.
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Source: Imo.org
