April 14, 2022

IMO launches new emissions reduction programme

Pictured: a conceptual representation of green shipping. Photo credit: Fredrick Filix via Unsplash (Shipping Australia edited the colours to make the ship green).

By the International Maritime Organization

The preparatory phase of the IMO Coordinated Actions to Reduce Emissions from Shipping (IMO CARES) project has been launched at the IMO-Singapore Future of Shipping Conference.

The foundation project of the IMO Coordinated Actions to Reduce Emissions from Shipping (IMO CARES) project, which aims to bring stakeholders together from the global north and global south, was launched today (6 April) at the IMO-Singapore Future of Shipping Conference.

IMO CARES is expected to be a long-term programme. It will support coordination to promote innovation, research and development collaboration, accelerate adoption of green technologies and facilitate their deployment in developing regions.

The issue being tackled is that there is an urgent need for the acceleration of research and development, technology transfer, demonstration, diffusion and uptake to achieve maritime decarbonisation.

According to a statement from the IMO the CARES programme will “connect the dots” by brining together various low / zero carbon research and development centres, financial institutions, donors, IMO Greenhouse Gas initiatives and the private sector. The programme aims to demostrate low zero carbon technologies and alternative fuels in the field and promote their development.

“IMO CARES will provide an excellent platform to promote inclusive innovation. Innovation is key to addressing many of the challenges that we face to reduce emissions from shipping. We look forward to the extensive consultations with interested partners from both the global north and global south. Both sides can gain significantly from this initiative by connecting R&D initiatives as well as demonstrating innovative technology solutions through such partnerships,” said Mr. Jose Matheickal, Chief, Department of Projects and Partnerships of IMO, during the launch ceremony.

The IMO CARES Foundation Project is financed by the Kingdom of Saudi Arabia and will undertake all the preparatory activities to develop and design the long-term global programme.

During this preparatory phase, regional and global consultation workshops will be organized to help design the key elements and foundational framework of the global programme.

The preparatory project will engage key stakeholders to be part of the long-term IMO CARES programme. Potential stakeholders include Governments, donors, maritime technology cooperation centers, decarbonization R&D centres, Global Industry Alliances and financial institutions.

“The Kingdom of Saudi Arabia is delighted to work alongside the IMO in providing the seed funding to design and support this initiative. It is our sincere hope that many more donors and partners will come forward in the future to support the implementation of this novel and strategic global initiative alongside Saudi Arabia, following the completion of the design phase,” said Mr. Essam Al Ammari, Permanent Representative to the International Maritime Organization for Saudi Arabia.

More details can be found here!

Facebook
Twitter
LinkedIn
Email

Search

Become a Member

Membership is open to all ship owners, operators and agents both Australian and International providing services to or within Australia.

Upcoming Events

May 8
Shipping Australia QLD Shipping Industry Golf Day
Join friends and colleagues for an enjoyable day, followed by a sumptuous dinner at the 2024 SAL QLD Shipping Industry Golf Day. The Golf Day will once again be held at the Wynnum Golf Club (located in beautiful Bayside and meanders over 31 hectares of picturesque parkland) on 8th May 2024. Ticket price includes: Light...
May 16
Shipping Australia Victoria 2024 Golf Day
The 8th Phil Kelly OAM Perpetual Golf Challenge Latrobe Golf Club, 8 Farm Road, Alphington VIC 3078 Format – 4 Ball Ambrose Thursday 16th May 2024 The 2024 SAL VIC Golf Day will be held on Thursday 16th May 2024 at the scenic Latrobe Golf Club.  Come along and enjoy a great course and scenery. ...

Latest News

Wollongong has a “promising” future for shipping, says NSW Planning Minister
Wollongong, as a centre for industry, mining, and shipping has “promising” future, the Hon Paul Scully MP, Member for Wollongong and the NSW Minister for Planning and Public Spaces told guests to the Shipping Australia Port Kembla Biennial Luncheon. The Minister told guests that, in January, the Freight Policy Reform Program began and it will...
Shipping Australia Victoria 2024 Golf Day: The 8th Phil Kelly OAM Perpetual Golf Challenge
The 2024 SAL VIC Golf Day will be held on Thursday 16th May 2024 at the scenic Latrobe Golf Club. Come along and enjoy a great course and scenery. Latrobe Golf Club is a beautiful course in the leafy suburb of Alphington, just 10 Km from Melbourne’s CBD. It is bordered on two sides by...

Latest Magazine

Shipping Australia – Annual Review 2023
January, 2024

Subscribe to the Signal Newsletter

Be the first to know about releases and industry news and insights or catch up on any editions you missed.