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Paris Climate Agreement Shipping

In 2015, countries around the world came together to negotiate and sign the Paris Climate Agreement, a comprehensive plan to combat climate change and reduce carbon emissions. Shipping, which is responsible for around 2-3% of global greenhouse gas emissions, was included in the agreement as an important industry to address.

The Paris Climate Agreement includes a goal to limit the global temperature increase to well below 2 degrees Celsius above pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius. To achieve this goal, all sectors of the economy, including shipping, must reduce their carbon emissions.

The International Maritime Organization (IMO), which is responsible for regulating international shipping, has developed a strategy to reduce carbon emissions from shipping. The strategy includes goals to reduce carbon emissions from shipping by at least 50% by 2050 compared to 2008 levels, and to pursue efforts to phase out carbon emissions entirely.

To achieve these goals, the IMO has adopted a number of measures, including the adoption of energy efficiency measures for ships, the promotion of alternative fuels such as liquefied natural gas (LNG) and biofuels, and the implementation of measures to reduce emissions from ships at berth.

The shipping industry has also taken its own steps to reduce carbon emissions. Several major shipping companies have committed to reducing their carbon emissions by a certain percentage by a certain date, and many ships are now equipped with energy-efficient technologies such as LED lighting and advanced propulsion systems.

The Paris Climate Agreement also includes provisions for the establishment of a fund to help developing countries transition to low-carbon economies. This fund, called the Green Climate Fund, has already received pledges of over $10 billion from developed countries.

Overall, the Paris Climate Agreement recognizes the important role that shipping plays in global carbon emissions, and provides a roadmap for the industry to reduce its carbon footprint. While there is still much work to be done, the commitment of the shipping industry and the international community to reducing carbon emissions is a positive step towards a more sustainable future.

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