MEPC82: Carbon price decision going down to the wire as IMO juggles GHG, CII
MEPC82 left the critical decision on the type of the economic measure to MEPC83 in April, while the IMO secretariat struggles to find time for further intersessional talks between member states to fine tune mid-term measures
IMO member states facing a decision between the two primary proposals in April; a levy and a fuel standard backed by EU, Japan, Pacific and Caribbean Islands, and a single measure comprising a fuel standard with a flexibility mechanism