Mid-term Measure Assessment Tool – Methodology Paper

Based on a Carbon Market Watch position paper (CMW, 2021) on key principles and criteria that any market-based measure (MBM) agreed at IMO level needs to follow for it to be fair and effective in contributing to the decarbonisation of international shipping, CE Delft has elaborated on these principles and criteria for the development of the MTM tool.

Ship wreck

International shipping’s new climate plan provokes storm of protest

Green groups criticised the International Maritime Organisation’s failure to raise the shipping sector’s climate ambition sufficiently to ensure that this highly polluting sector navigates a course that is compatible with keeping global temperature increases within the 1.5°C limit set out in the Paris Agreement.