As the International Maritime Organization (IMO) grapples with ambitious decarbonization targets, new analyses reveal that a global price on maritime greenhouse gas (GHG) emissions could inflict significant economic pain on African nations, particularly Malawi and Namibia. The reports, part of the LEAP (Leading Effective Afrocentric Participation) in the IMO Project, highlight the urgent need for a balanced approach that mitigates short-term costs while fostering long-term sustainability.
GMPB — October 9th — Competing ETS Amendments Set Out Transport Funding Priorities as EU Emissions Rise
Headlines: Ricci proposes 70% reinvestment requirement for aviation and maritime ETS revenues EU transport emissions rise 2% as rail freight declines Bloss seeks electrification-first ETS funding, reduced biofuel support, and carbon pricing for contrails Fuel associations seek binding renewable transport targets beyond 2030 Industry and NGOs oppose further delay to