Tag: COP 25

A key publication presented at the UN Climate Change Conference COP25 in Madrid last month suggests transformational actions and milestones towards carbon neutrality in key areas, such as energy, industry, transport, human settlements, water, land use, and resilience to the inevitable effects of climate change.

As we are approaching the end of another exciting year for shipping, without a doubt the focus of everyone ahead of 2020 will be on IMO sulphur cap. This issue, along with decarbonization in general, has emerged as a main priority for the sector, with companies trying to find ways to cut their emissions. In this article, we take a look back at 2019, and we identify the key environmental moments that left their mark.

The UN Climate Summit (COP 25) in Madrid ended on Sunday after two weeks of intense negotiations, with the UN Secretary General expressing disappointment for the overall result, despite some progress made by the private sector and regional governments.

On the sidelines of COP 25, the International Chamber of Shipping highlighted the urgency of rapidly improving the industry's fuel efficiency, as demanded now by the sector and the Governments, also welcoming the 4th industrial revolution, aiming to the industry's rapid decarbonization.

COP 25 has seen several fruitful proposals and actions to save the environment, one of them being the proposition of Global Investors calling governments to accelerate their efforts to tackle climate change and global warming.

During COP 25, UN Climate Change Executive Secretary Patricia Espinosa addressed the urgency of change in favour of climate, highlighting that the travel and tourism sector has to transform, in line with today's developments, based on its crucial economic and social benefits. 

During the COP 25, the IMO presented its latest work concerning reducing GHG emissions, referring to its initial strategy and commitment on extinguishing shipping GHG emissions, as a matter of urgency, given the environmental disruption of climate change.

The 25th UN Climate Change Conference (COP 25) opened on 2 December, in Madrid, aiming to take the next crucial steps in the UN climate change process. Following agreement on guidelines of Paris Agreement at COP 24 in Poland, a key objective is to complete several matters with respect to the full operationalization of the Paris Agreement.