Carbon-pricing majority holds at IMO, but big questions remain unresolved
- Emissions reduction targets likely to be softened at first, but hardened in the period to 2040
- Japan’s proposal for voluntary payments ‘robustly rejected’, says UCL
- Vital questions regarding enforcement of global rules still unanswered
The IMO’s latest greenhouse gas working group meeting has ended with mixed results for the Net-Zero Framework, with voting patterns mostly unchanged on the most divisive points
