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IMO’s new emission target to trigger investment in sustainable shipping models – LADOL boss

IMO’s New Emission Target To Trigger Investment In Sustainable Shipping Models – LADOL Boss

The United Nations International Maritime Organisation’s (IMO) strategy to reduce the total annual Green House Gas (GHG) emissions from international shipping by at least 50% by 2050 is expected to trigger private investors and operators in the maritime sector to immediately invest in new sustainable business models, The Guardian reports.

The Managing Director of Lagos Deep Offshore Logistic Base (LADOL) Dr. Amy Jadesimi, who stated this prior to the meeting of Carbon Pricing Leadership Coalition (CPLC) Third High-Level United Nations Assembly 2018 in Washington, D.C, said carbon pricing can be a way in which international shipping can advance its newly adopted strategy on decarbonisation. The High-Level Assembly focuses on the opportunities, benefits, and concerns related to carbon pricing.

It is on this background that the Global Maritime Forum is represented at the High-Level Assembly by the members of the board, which included Jadesimi, of LADOL, and Oivind Lorentzen III, Managing Director and Director and Vice Chairman of Northern Navigation LLC and SEACOR Holdings, Tom Boardley, Executive Vice President and Global Head of Corporate and External Affairs at Lloyd’s Register, a Strategic Partner to the Global Maritime Forum.

The post IMO’s new emission target to Trigger Investment in sustainable shipping models – LADOL boss appeared first on Energy News | Oil and Gas News.

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IMO’s new emission target to trigger investment in sustainable shipping models – LADOL boss


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