BIMCO and industry organisations propose that IMO develops definitions...

BIMCO and industry organisations propose that IMO develops definitions relevant to GHG emissions

Published: 20 December 2023

BIMCO and its partners have submitted the Glossary of Climate Change Definitions to MEPC 81. To ensure consistent terminology, it is proposed that MEPC agrees to develop a glossary of definitions relevant to the reduction of GHG emissions from shipping. This is intended to harmonise the language used within the shipping industry.

Following the adoption of IMO’s 2023 Strategy on Reduction of GHG Emissions from Ships (the 2023 IMO GHG Strategy), and the Guidelines on Life Cycle GHG Intensity of Marine Fuels (LCA Guidelines), the Glossary was revised to align with the language used in the strategy.

The new version 2, dated 15 December 2023, includes new definitions of "boundary" and "near zero", while also updating a number of existing definitions related to the concepts of "neutrality" and "net zero".

Based on the developments in the IMO since the 78^th session of the Marine Environment Protection Committee (MEPC 78) held in June 2022 and the latest session of the IMO’s Sub-Committee on Carriage of Cargoes and Containers (CCC 9) held in September 2023, the timing is right for MEPC to consider the proposal to develop a glossary of definitions relevant to the reduction of GHG emissions from shipping. We hope the glossary can help to harmonise the language used in the shipping industry and be used for further discussions by MEPC.

What best describes your reason for contacting BIMCO?

This helps us direct your call to the correct department.

Please select a reason for contacting BIMCO from the list above to find the best contact number