BIMCO has described the results from the International Maritime Organization’s (IMO) 4th Greenhouse Gas (GHG) study as ‘very encouraging’ and the shipping association’s Deputy Secretary General Lars Robert Pedersen says that it ‘shows that it is possible to reach the 2050 ambition’.
In a statement issued by BIMCO on 5 August, Pedersen said the study’s demand scenarios ‘look realistic’ and are in line with other contemporary studies done. The study projects that in 2050, global CO2 emissions from shipping will be between 10% lower and 30% higher than in 2008, depending on a range of plausible long-term economic and energy scenarios.
‘This study can be used to tell us what we actually need to do, and how much we need to do, to reach the ambition level of the IMO-strategy,’ said Pedersen.
BIMCO said that shipping industry now ‘needs sustained research and development to make zero-emission technology a commercial reality’.
Pedersen added: ‘Through the International Maritime Research Fund we can “crowd-source” funding from the entire sector to spend on innovation and technology needed to build zero-emission ships. When you add that to the big initiatives taken by some of the large companies in the industry, I think it is realistic to build a zero-emission ship by the end of this decade.’
The 4th IMO GHG Study is available from the IMO document repository at: https://docs.imo.org under the document reference MEPC 75/7/15