IMO revenues will flow to richer countries without redistribution, study finds
- Early movers on decarbonisation are mostly wealthy nations
- Research says part of carbon tax revenue should be disbursed out of sector
- Questions of who gets what will be worked out in guidelines if NZF passes next month
Richer countries with the means to be early movers on decarbonising shipping will get outsized benefits from the IMO Net-Zero Framework if the scheme is not drafted with equity for poorer countries in mind, a study has found
