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DTSTART:20240101T000000
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DTSTART;TZID=UTC:20250430T100000
DTEND;TZID=UTC:20250430T123000
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SUMMARY:IMO’s Net-Zero Framework under MARPOL Annex VI: Pakistan’s Commitment and Way Forward
DESCRIPTION:The International Maritime Organization (IMO) has recently adopted a binding Net-Zero Regulatory Framework to align global shipping with global climate goals. Approved at MEPC 83 in April 2025\, this framework introduces two key mechanisms: a Global GHG Fuel Standard (GFS) to reduce fuel lifecycle emissions\, and a Market-Based Mechanism (MBM) that will place a carbon price on maritime emissions by 2027. These measures\, to be enforced under Annex VI of the MARPOL Convention\, will reshape global trade and shipping dynamics. \nFor Pakistan\, which has not ratified the Annex VI\, the implications are both challenging and urgent. With a lack of formal compliance architecture or integrated maritime GHG inventory\, the national fleet must transition to low-emission fuels and ports must modernize to accommodate clean fuel bunkering. Additionally\, rising carbon costs could impact the competitiveness of Pakistan’s exports unless logistics chains are decarbonized. \nIn this background\, NIMA is bringing together key stakeholders to assess institutional readiness for MARPOL Annex VI\, explore opportunities for green financing and technology transfer\, and evaluate how Pakistan can engage in the IMO’s emerging carbon markets. It will also focus on the integration of shipping emissions into national GHG inventories and future NDCs. \nPlease use the following link to join. \nHttps://us02web.zoom.us/j/86714228642\nMeeting ID: 867 1422 8642\nPasscode: 227348
URL:https://nimapak.org/event/imos-net-zero-framework-under-marpol-annex-vi-pakistans-commitment-and-way-forward/
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