Coordinated to the launch of the International Maritime
Organization’s MEPC 75 sessions discussing the efforts to lower carbon
emissions, eight of the leading shipping organizations joined together calling
on the IMO to back the proposed industry-financed, $5 billion research and
development program to accelerate the decarbonization of the maritime industry.
The proposal builds on the previous $2 per tonne charge on bunker fuel sales
that the International Chamber of Shipping and others have been advocating for
as a means to focus the industry’s efforts.
The organizations, which collectively represent all sectors
of shipping from cargo to passengers and over 90 percent of the world’s
merchant fleet, recognized that “there is a limit to what can be achieved so
long as ships remain dependent on fossil fuels and global demand for maritime
services continues to grow.” While they highlighted the industry’s seven
percent reduction in emissions since 2008, they recognized the need for immediate
action to identify and develop new zero-carbon technologies so that
commercially viable zero-carbon ships can begin to operate in the next decade.
The proposal the groups are advocating calls for a $5
billion R&D program, to be overseen by IMO and financed through a mandatory
R&D contribution of USD 2 per tonne of marine fuel consumed. The R&D
program would be managed through a non-governmental research and development
organization, the International Maritime Research and Development Board, or
IMRB.
The co-sponsors emphasize that for their proposal to work,
the R&D contributions need to be mandatory via an IMO regulation, to ensure
that all shipping companies globally contribute, in a fair and equitable
manner. This would ensure the funding necessary to pursue the R&D program.
They emphasized that the $2 levy would only exist for the technical purpose of
accelerating R&D for zero-carbon propulsion systems.
While they are several potential solutions, such as hydrogen
or ammonia produced from renewable energy sources, the shipping organization
highlighted that a range of complex technical questions remains to be answered.
Not only the need to produce any of these solutions on a scale to support the
global shipping industry, but also safety, storage, distribution, energy
density considerations, and lifecycle impacts.
The IMRB would be quasi-independent, subject to IMO
oversight, with the sole duty to accelerate the research and development of
low-carbon and zero-carbon fuels, energy sources, propulsion systems, and other
new GHG reduction technologies, operating under a charter approved by IMO.
Funding amounting to $5 billion over the next ten years from the $2 per tonne
levy on fuel administer by an International Maritime Research Fund (IMRF).
The organizations emphasized that the IMRB is designed to
work itself out of a job in 10 to 15 years by delivering research and
development projects that will then allow commercial entities to provide the
technologies and services to the shipping industry. Other relevant stakeholders
such as energy suppliers, technology companies, research and development
institutions, and foundations would be welcome to participate according to the
proposal.
The organizations that joined together for the proposal are:
BIMCO; Cruise Lines International Association; INTERCARGO; Interferry;
International Chamber of Shipping; INTERTANKO; International Parcel Tankers
Association; and the World Shipping Council.