IMO adopts net-zero by 2050 strategy, already cruising's goal

The IMO also committed to an uptake of alternative zero and near-zero GHG fuels by 2030, and to reduce GHG from shipping 'at least 20%, striving for 30%, by 2030, compared to 2008,' and 'at least 70%, striving for 80%, by 2040, compared to 2008.'

'A starting point'

'The adoption of the 2023 IMO Greenhouse Gas Strategy is a monumental development for IMO and opens a new chapter towards maritime decarbonization,' IMO Secretary-General Kitack Lim said. 'At the same time, it is not the end goal, it is in many ways a starting point for the work that needs to intensify even more over the years and decades ahead of us. However, with the revised strategy ... we have a clear direction, a common vision and ambitious targets to guide us to deliver what the world expects from us.'

Catching up with the cruise industry

The cruise industry, through Cruise Lines International Association, had already committed to pursue net-zero carbon operations by 2050.

And the cruise industry's intermediary objective to reduce the rate of carbon emissions 40% across the global fleet by 2030, compared to 2008, is more ambitious than the IMO's 'at least 20%, striving for 30%.'

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