The International Maritime Organisation (IMO) has taken a significant step towards reducing greenhouse gas emissions from ships by adopting the sector’s first binding targets. This move makes the shipping industry the first to have internationally mandated emission reduction targets, a notable achievement amidst ongoing geopolitical tensions and trade disruptions.
GMPB — October 9th — Competing ETS Amendments Set Out Transport Funding Priorities as EU Emissions Rise
9 October 2026
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
