Shipping industry urges governments to act on USD 5 billion decarbonisation fund
June 18, 2020. For immediate release. The shipping industry has welcomed the growing momentum for a
USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate
commitments and not waste more time in moving forward with decisive action to support the
decarbonisation of the industry.
At the recent UN IMO meeting (MEPC 76), the world’s governments agreed to continue work on the...