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Decarbonisation Sustainability Regulation

IMO must hasten work on Net-Zero Fund or risk delaying green payments

  • Core governing provisions must be agreed no later than MEPC85
  • Timeline for adoption should be brought significantly forward to avoid delayed spending
  • Many questions of how the fund will work remain wide open with relatively little time left

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Pacific states have called on the IMO to pull forward its plans to hash out the governing provisions of the Net-Zero Fund, saying the current timeline risks delaying future fuels even later

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