IMO's net-zero framework: Industry at sea over carbon-levy decision

UN maritime body defers vote on key carbon levy till 2026, leaving global shipping industry uncertain on decarbonisation timelines and investment clarity

The latest decision by the United Nations (UN) maritime watchdog International Maritime Organisation (IMO) has left the international shipping industry in uncertainty.

 

This comes as global efforts towards maritime decarbonisation were coalescing in preparation for the proposed carbon levy — a vote on this has now been deferred till 2026.

 

“The IMO has agreed to adjourn the extraordinary session of the Marine Environment Protection Committee (MEPC), which was convened this week to consider the adoption of draft amendments to MARPOL Annex VI, including the IMO Net-Zero Framework,” the agency said late on Friday night. 

According to sources, India voted in