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.
Opportunity
Turning the Carbon Emissions Challenge into Opportunity
Financial reward for overachievers is possible.
We are actively helping shipowners develop sustainable shipping projects to generate carbon credits derived from emissions reduction through energy saving efficiency retrofit measures.
Through our joint venture partnership with ClearBlue Markets, we offer full end-to-end tailored project development and support services to establish the eligibility for the issuance of carbon credits through the reputable Gold Standard carbon registry. Our wide-reaching network and long experience of voluntary carbon markets will ensure maximum value to the project proponents.
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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.