The IMO has adopted a draft amendment to Annex VI of the MARPOL Convention approving a Net-Zero shipping policy framework by or around 2050. Set to take effect in 2028, the “J9 Bridge” style scheme as it is known, sets out a two-tiered carbon pricing mechanism & fuel standard, which if adopted late this year, will make shipping the first industry of any to have a global carbon price agreed with internationally mandated emissions reduction targets.
Discovery & Execution
Carbon Price Discovery & Execution
The cost of carbon in goods and supply chains is impacting the economics of freight.
Understanding carbon market pricing dynamics will be fundamental to quantify and manage this additional financial exposure as environmental policies and regulations intensify under consumer pressure.
Working closely with our carbon market specialist partner ClearBlue Markets.
We offer compliance and voluntary carbon markets advisory, research reports and insights, fundamental and technical analysis, proprietary carbon prices forecasting, bespoke carbon position strategy development, implementation, and risk management. This is combined with direct carbon markets access for seamless broking and execution.
More about IG Sustainability
IG SUSTAINABILITY
Working towards a zero-carbon maritime industry
IG Sustainability and Maritime Carbon Solutions at the webinar “Bureau Veritas presents: OrbitMI’s ecosystem approach to FuelEU Maritime”
At a recent webinar hosted by Bureau Veritas Marine & Offshore and OrbitMI Inc., Eleni Chavredaki from the IG Sustainability and Maritime Carbon Solutions Team, shared insights into the commercial and operational shifts expected as the FuelEU Maritime regulation takes effect.
All eyes on the IMO’s Marine Environment Protection Committee (MEPC) 82nd session
This week, the MEPC meets to discuss new GHG reduction measures, including a maritime emissions levy and updates to the CII framework, aimed at aligning global and regional regulations to streamline maritime decarbonisation efforts effectively.