news
Summary
The global conversation surrounding climate change and its impacts has intensified, particularly regarding the shipping industry, which significantly contributes to greenhouse gas emissions. Recent discussions have gained momentum around the idea of imposing a global tax on shipping emissions. This tax is proposed as a means to generate funds for climate action initiatives aimed at combating the adverse effects of climate change.
Highlights
- 🌍 Global Support: Increasing backing for a global tax on shipping emissions.
- 💰 Funding Climate Action: The proposed tax aims to generate funds specifically for climate initiatives.
- ⚓ Shipping Emissions: The shipping industry is a notable contributor to global greenhouse gas emissions.
- 🤝 International Collaboration: The initiative encourages cooperation among nations to tackle climate change.
- 🌱 Environmental Accountability: The tax seeks to hold the shipping industry responsible for its environmental impact.
- 📈 Economic Implications: Potential effects on global trade dynamics and shipping costs.
- ✊ Collective Action: A reflection of the growing consensus on the need for robust climate solutions.
The number of governments backing a proposal for a global levy on maritime emissions has grown, according to the head of the United Nations shipping body, in a shift celebrated by Pacific island states which are particularly vulnerable to climate change.
“You will see that an increased number of member states are now adding their support for the levy,” Arsenio Dominguez, secretary-general of the International Maritime Organization (IMO), told journalists at its London headquarters on Tuesday.
Shipping-reliant nations like Panama and Liberia have joined the European Union, UK, Japan, Nigeria, Kenya and others in backing the Pacific islands’ proposal for a levy on ships’ emissions.
Veteran Pacific shipping negotiator Albon Ishoda, the Marshall Islands’ special envoy for maritime decarbonisation, said support from Panama and Liberia was a “milestone in our collective journey” and “validates the Pacific’s enduring efforts to champion ambition and equity”.
Read the full post at Climate Home News.
