From September 1–4, the IMO’s ISWG‑GHG 22 meeting in London resumes negotiations on the Net‑Zero Framework (NZF), a landmark package combining a global fuel greenhouse gas intensity standard with a carbon pricing mechanism for international shipping. NGOs and industry warn that either watering down the plan or failing to adopt it could trigger regulatory deadlock, delaying investment in low‑emission fuels and technologies.
The International Maritime Organization (IMO) is convening its Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG‑GHG 22) in London from September 1–4, with the proposed Net‑Zero Framework (NZF) at the center of the agenda. The NZF, endorsed in principle at MEPC 83 in 2025 and slated for formal adoption at MEPC 85 in December 2026, would introduce a Global Fuel Standard (GFS) requiring ship operators to progressively reduce the greenhouse gas intensity of their fuels or face penalties. It also embeds a pricing mechanism on a portion of ships’ emissions, creating a financial incentive to decarbonize while generating revenues for climate‑related measures in the sector.
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