Ahead of UNFCCC/COP-17, the International Maritime Organization (IMO) launched a commissioned study titled "Assessment of IMO mandated energy efficiency measures for international shipping," which reports that implementation of the measures will enable significant greenhouse gas (GHG) emissions reductions from ships, specifically reductions of carbon dioxide. Main findings include that:
- by 2020, an average of 151.5 million tons of annual carbon dioxide reductions would result from the introduction of the measures;
- by 2030, these reductions will increase to an average of 330 million tons annually;
- carbon dioxide reduction measures will result in a significant fuel consumption reductions, leading to savings in fuel costs to the shipping industry; and
- mandatory application of the measures will lead to more energy-efficient ship design.
The IMO regulations represent the first-ever mandatory energy efficiency measures for an international transport sector.
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