ICS: EU regulation on CO2 reporting may complicate global agreement

International Chamber of Shipping (ICS) – is disappointed and concerned that the European Union is about to pre-empt negotiations taking place at the International Maritime Organization (IMO) on the collection of data on CO2 emissions from ships, by unilaterally adopting a regional Regulation which will apply to non-EU flag vessels, as well as ships registered in the EU.

The Council of Ministers, the European Parliament and the European Commission are understood to have reached agreement on the text of an EU Regulation on the Monitoring, Reporting and Verification (MRV) of ships’ CO2 emissions, for formal adoption early next year.The industry fully supports the development of a global data collection system by IMO but the imminent adoption of a regional EU regime, which may not be compatible with whatever is agreed at IMO, will certainly complicate and perhaps jeopardise these delicate negotiations.

Green4Sea

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