Global shipping, which accounts for around 3% of global emissions, is undergoing decarbonization through IMO-led fuel intensity targets, carbon pricing, adoption of green fuels like ammonia and methanol, and energy-efficient technologies. However, challenges like high costs, infrastructure gaps, and ensuring equity for developing nations persist.
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Global shipping is on course towards decarbonisation by 2040-50.
International shipping contributes roughly 3 percent of global greenhouse gas emissions, and if left unchecked, emissions may rise to 5–8 percent by 2050. As global trade grows, decarbonizing this “hard-to-abate” sector is critical for meeting climate targets under the Paris Agreement.
Policy/Strategy |
Objective |
Target Timeline |
IMO GHG Fuel Intensity Limits |
Reduce emissions per energy use |
30% by 2035, 65% by 2040 |
Carbon Pricing Mechanism |
Encourage cleaner fuel adoption via ETS-like system |
In force for large ships from ~2028 |
Alternative Zero-Carbon Fuels |
Replace fossil bunker fuels |
Scale adoption from 2025–2030 |
Operational Efficiency Measures |
Immediate emission reductions via tech & routing |
Ongoing |
Getting to Zero Coalition |
Zero-emission shipping fleet by 2030, net-zero by 2050 |
2030 / 2050 |
The global shipping industry is embarking on a significant transition—mandated by IMO frameworks and regional policies—for fuel intensity limits and carbon pricing. Adoption of green fuels, efficiency measures, and digital tools, backed by large-scale investment and public-private partnerships, aims to decarbonize the sector by mid-century. Challenges include upfront costs, aging infrastructure, and ensuring equitable transition for vulnerable nations.
ALSO READ- https://www.iasgyan.in/daily-current-affairs/shipping-industry-and-emissions
Source: The Hindu
PRACTICE QUESTION Q. Discuss the key strategies and challenges in decarbonizing the global shipping industry. How can global cooperation ensure a just transition for developing nations? (150 words) |
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