July 4, 2023
Net-zero emissions target for ocean shipping to be moved up to 2050
U.N. agency weighs tax, other proposals to decarbonize maritime transport industry
Japan’s Nippon Yusen plans to add ships running on clean-burning ammonia to its fleet. (Photo obtained by Nikkei)
SATSUKI KANEKO and MASAHISA YUZAWA, Nikkei staff writers | Japan
TOKYO — The United Nations’ maritime regulator is set to adopt a more ambitious greenhouse gas strategy for international shipping, aiming for net-zero emissions by 2050.
The International Maritime Organization’s environmental protection committee meets in London this week to discuss the issue. The agency is expected to reach an agreement as early as Friday, the gathering’s final day.
Sponsored Content
About Sponsored Content
This content was commissioned by Nikkei’s Global Business Bureau.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.