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Delaying IMO action will increase decarbonisation costs and risk fragmented regulation, UN warns

‘There will be a need to devise policies and safeguards to promote technological neutrality, protect against the risks of regulatory capture, fragmented interventions and carbon leakage,’ says Unctad

The UN Conference on Trade and Development has published its expert review on proposed measures to tackle shipping’s decarbonisation under the auspices of the International Maritime Organization, outlining proposals including the emissions cap and trade system by Norway and Japan’s zero-emission shipping incentive scheme as well as others 

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