Tag: Liberia

  • Pacific vows to push for more ambition if shipping deal reopens

    Seven Pacific island nations are advocating for heftier levies on global shipping emissions to be included in the International Maritime Organization's Net-Zero Framework. The United States and Saudi Arabia are leading efforts to make changes to the deal, with the US threatening sanctions on non-compliant governments. Liberia's proposal for transitional fuels like natural gas and biofuels has US support, while the Pacific countries are pushing for a universal levy on all ship emissions to fund a just transition to a greener shipping industry. Greece and Cyprus initially abstained from a vote on a new shipping emissions levy, but Greece later expressed support after meetings with the US and Saudi Arabia. The International Maritime Organization warns that without a universal levy, there could be a patchwork of regional levies on pollution, making a universal levy the most credible way to meet climate goals and distribute revenues for green investments globally.

    https://www.climatechangenews.com/2026/02/27/pacific-nations-want-higher-emissions-charges-if-shipping-talks-reopen/