The International Maritime Organization failed to adopt the world’s first-ever global, legally binding carbon price—postponing for a year a vote on the measure at a meeting today in London. The agreement would have dictated that all large ships operating globally, including cruise ships, are required to slash emissions 17% by 2028—with increasing emission reduction targets thereafter—or pay a fee. Currently, the global shipping sector runs on some of the dirtiest fossil fuels and accounts for 3% of global carbon emissions—polluting the ocean and imperling the health of people in coastal…
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World’s First Global, Legally Binding Carbon Tax to Slash Emissions, Safeguard Ocean
The world’s first-ever global, legally binding carbon price—for any industry—is on the table for adoption at the upcoming International Maritime Organization (IMO) meeting from October 14-17 in London. If the IMO Net-Zero Framework is adopted, all large ships operating globally, including cruise ships, would be required to slash emissions by 17% by 2028—with increasing emission reduction targets thereafter—or pay a fee. Currently, the global shipping industry runs on some of the dirtiest fossil fuels and accounts for 3% of global carbon emissions—polluting the ocean and imperiling the health of people in…
Read MoreChile, UK and Madagascar Join Global Effort to Put the Ocean at the Center of National Climate Plans
At a ministerial-level New York City Climate Week event last month, Chile, the UK and Madagascar committed to the Blue NDC Challenge, underscoring both the economic and environmental value of protecting the ocean. The initiative urges coastal nations to integrate ocean-focused actions into their climate plans – nationally determined contributions (NDCs) – ahead of COP30. The NDCs are the cornerstone of global climate action under the UN Framework Convention on Climate Change (UNFCCC), serving as investment plans and the primary tool for limiting global warming. With these new members, the…
Read MoreChile, UK and Madagascar Join Global Effort to Put the Ocean at the Center of National Climate Plans
Recently, at a ministerial-level New York City Climate Week event, Chile and the UK committed to the Blue NDC Challenge, underscoring both the economic and environmental value of protecting the ocean. The initiative urges coastal nations to integrate ocean-focused actions into their climate plans – nationally determined contributions (NDCs) – ahead of COP30. The NDCs are the cornerstone of global climate action under the UN Framework Convention on Climate Change (UNFCCC), serving as investment plans and the primary tool for limiting global warming. With these new members, the Blue NDC…
Read MoreSurfing World Champion John John Florence Joins Ocean Conservancy’s Protect Where We Play Campaign
Ocean Conservancy has announced that three-time world champion surfer and sailing aficionado John John Florence — a long-time advocate of ocean conservation born and raised in Hawaii — has joined the Protect Where We Play initiative as a “Team Ocean Captain” to rally fans worldwide to protect our ocean. “It’s an honor to join the Protect Where We Play initiative, and to partner with Ocean Conservancy, who have an incredible 50-plus-year history of protecting our ocean,” said Mr. Florence. “The ocean has been my life’s greatest gift, and it’s my…
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