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	<title>decarbonisation &#8211; Asia Pacific Report</title>
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		<title>10 smart ways NZ can be strategic about addressing climate change threats</title>
		<link>https://asiapacificreport.nz/2023/08/11/10-smart-ways-nz-can-be-strategic-about-addressing-climate-change-threats/</link>
		
		<dc:creator><![CDATA[APR editor]]></dc:creator>
		<pubDate>Thu, 10 Aug 2023 12:16:11 +0000</pubDate>
				<category><![CDATA[Climate]]></category>
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		<guid isPermaLink="false">https://asiapacificreport.nz/?p=91679</guid>

					<description><![CDATA[ANALYSIS: By Kevin Trenberth, University of Auckland The announcement of a partnership between the New Zealand government and the world’s biggest investment manager BlackRock in a NZ$2 billion climate infrastructure fund suggests the company is expecting renewable energy in New Zealand to increase its own profitability. The new fund is the first country-specific renewable investment ]]></description>
										<content:encoded><![CDATA[<p><strong>ANALYSIS:</strong> <em>By <a href="https://theconversation.com/profiles/kevin-trenberth-15259">Kevin Trenberth</a>, <a href="https://theconversation.com/institutions/university-of-auckland-1305">University of Auckland</a></em></p>
<p>The announcement of a <a href="https://www.beehive.govt.nz/release/first-its-kind-climate-fund-back-100-renewable-electricity">partnership</a> between the New Zealand government and the world’s biggest investment manager BlackRock in a NZ$2 billion climate infrastructure fund suggests the company is expecting renewable energy in New Zealand to increase its own profitability.</p>
<p>The new fund is the first country-specific renewable investment BlackRock has made, following its <a href="https://www.solarzero.co.nz/blog/solarzero-announces-acquisition-by-blackrock-real-assets">2022 acquisition</a> of New Zealand company SolarZero, which produces solar battery storage and other energy services.</p>
<p>The initiative also underpins the government’s <a href="https://www.beehive.govt.nz/release/nz-embracing-renewable-electricity-future">aspirational goal</a> of having 100 percent of electricity generated by renewable sources by 2035.</p>
<p>The purpose of this fund is to accelerate investment from Crown companies and agencies to speed up decarbonisation. But will it cut costs to consumers?</p>
<figure style="width: 600px" class="wp-caption alignnone"><img fetchpriority="high" decoding="async" src="https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=600&amp;fit=crop&amp;dpr=1 600w, https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=600&amp;fit=crop&amp;dpr=2 1200w, https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=600&amp;fit=crop&amp;dpr=3 1800w, https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=754&amp;fit=crop&amp;dpr=1 754w, https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=754&amp;fit=crop&amp;dpr=2 1508w, https://images.theconversation.com/files/541354/original/file-20230806-202790-5cp2vk.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=754&amp;fit=crop&amp;dpr=3 2262w" alt="Hemisphere centred on New Zealand, showing the country's isolation" width="600" height="600" /><figcaption class="wp-caption-text">New Zealand is isolated and relies on shipping and air travel, which makes it vulnerable to carbon pricing. Image: Wikimedia, CC BY-SA</figcaption></figure>
<p>Given New Zealand’s isolation and reliance on exports and tourism, the country remains vulnerable to climate change impacts and carbon pricing designed to help cut emissions.</p>
<p>Aside from storm and drought damage from climate change that disrupts food production, both imports and exports are likely to increase in price, and carbon-based tariffs may adversely affect New Zealand’s economy.</p>
<p>To address climate change threats in New Zealand will require more than mobilising private investment with a focus on renewable energy. It will need a comprehensive and collaborative approach that acknowledges dependencies on shipping and air travel, which continue to depend on fossil fuels.</p>
<p>Here are ten broad areas that must be considered when tackling the specific and sometimes unique challenges New Zealand faces in the years ahead:</p>
<figure style="width: 600px" class="wp-caption alignnone"><img decoding="async" src="https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=378&amp;fit=crop&amp;dpr=1 600w, https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=378&amp;fit=crop&amp;dpr=2 1200w, https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=378&amp;fit=crop&amp;dpr=3 1800w, https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=475&amp;fit=crop&amp;dpr=1 754w, https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=475&amp;fit=crop&amp;dpr=2 1508w, https://images.theconversation.com/files/541866/original/file-20230809-19-hpgo51.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=475&amp;fit=crop&amp;dpr=3 2262w" alt="Lake Benmore hydroelectric dam" width="600" height="378" /><figcaption class="wp-caption-text">Because wind and solar power are intermittent, they must be integrated with hydro power. Image: Shutterstock/Dmitry Pichugin</figcaption></figure>
<p><strong>1. Maximising renewable energy<br />
</strong>Most of New Zealand’s electricity comes from hydro power as well as wind and solar power. It is already over <a href="https://www.iea.org/news/new-zealand-can-use-its-clean-electricity-strengths-to-decarbonise-its-energy-system-says-new-iea-report">80 percent renewable</a>, but the grid is topped up by coal.</p>
<p>Promoting renewable electricity is essential but likely not enough. Energy for industrial processes (heating, drying, steel production) still relies on fossil fuels, and we need to make more use of abundant solar and wind resources.</p>
<p>Because these resources are intermittent, they must be integrated with hydro power to serve as a “<a href="https://www.beehive.govt.nz/release/100-renewable-electricity-grid-explored-pumped-storage-%E2%80%98battery%E2%80%99">battery</a>” by storing water behind a dam. This requires a national, publicly owned entity whose goal is to maximise renewable energy production (not profits in private companies).</p>
<p><strong>2. Rethinking travel<br />
</strong>New Zealand has a growing fleet of electric vehicles, but the transport system still largely runs on fossil fuels. It is one of the country’s <a href="https://environment.govt.nz/publications/aotearoa-new-zealands-first-emissions-reduction-plan/transport/">largest sources of greenhouse gas emissions</a>, responsible for 17 percent of gross emissions.</p>
<p>Apart from improving public transport and promoting cycling and walking, simply avoiding unnecessary travel becomes essential. The covid pandemic has shown the way with teleconferencing and virtual meetings.</p>
<p><strong>3. Reduce shipping emissions<br />
</strong>If shipping were a country, it would be <a href="https://europe.oceana.org/shipping-pollution-1">sixth in total emissions</a>. Last month, the International Maritime Organisation (<a href="https://www.imo.org/en/About/Pages/Default.aspx">IMO</a>), a UN agency that regulates global shipping, agreed to a new <a href="https://wwwcdn.imo.org/localresources/en/MediaCentre/PressBriefings/Documents/Resolution%20MEPC.377(80).pdf">climate strategy</a> to reach net-zero greenhouse gas emissions “close to 2050”.</p>
<p>Already, penalties are being implemented to prevent use of high-sulphur oil. A carbon tax or levy is likely, starting in the <a href="https://theconversation.com/global-shipping-has-a-new-climate-strategy-its-vague-obscure-and-almost-noncommittal-but-it-may-be-pointing-the-industry-in-the-right-direction-209954">European Union in 2024</a>. Biofuels, methanol and perhaps even wind power may help shipping.</p>
<p><strong>4. Trains versus planes<br />
</strong>For international air travel, development of <a href="https://www.ainonline.com/aviation-news/aerospace/2023-07-05/australias-government-pledges-au30m-saf-growth">sustainable aviation fuels</a> is progressing. Further optimising air traffic and flight routes and promoting the use of fuel-efficient aircraft and technologies is essential.</p>
<p>It seems likely carbon offsets may be required, and these could be expensive. For domestic travel, trains may become more viable.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Climate policy expert &#8216;cautiously optimistic&#8217; over BlackRock deal <a href="https://t.co/6GwrYVrIP1">https://t.co/6GwrYVrIP1</a></p>
<p>— RNZ News (@rnz_news) <a href="https://twitter.com/rnz_news/status/1689076336512684032?ref_src=twsrc%5Etfw">August 9, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><strong>5. Prepare for tourism declines<br />
</strong>Ecotourism is likely to grow, and operators will have to abide by sustainability certifications and limits to fragile ecosystems areas. Off-peak and new, dispersed destinations seem likely.</p>
<p>Offsetting carbon may become mandatory and the cost is likely to go up, with adverse effects on New Zealand’s economy.</p>
<p><strong>6. Better carbon offsets<br />
</strong>The need for <a href="https://doi.org/10.3389/ffgc.2023.958879">quality offsets</a> for fossil fuel use is likely to increase. The main potential is wood in trees, since plants take up carbon dioxide from the atmosphere.</p>
<p>However, trees have a finite lifetime and this can only be a temporary fix. Indigenous trees grow more slowly and can lock up carbon for more than a century. But considerable care is needed to avoid forest fires and disease, or the offset value diminishes rapidly.</p>
<p><strong>7. Strategic forestry<br />
</strong>Protecting and restoring existing native forests helps conserve biodiversity. It also helps limit runoff and erosion. Large-scale afforestation and reforestation efforts to expand forest cover should continue, as strategic planting of native trees will enhance carbon sequestration and restore ecosystem balance.</p>
<p>Implementation of sustainable forest management practices, emphasising selective logging and reforestation after harvesting, will ensure a continuous carbon sink, preserve biodiversity and protect sensitive ecosystems.</p>
<p><strong>8. Greener cities and towns<br />
</strong>Urban forestry can counteract urban heat island effects and enhance air quality. Planting trees in public spaces and along streets in residential areas can reduce energy consumption for cooling and improve people’s wellbeing.</p>
<p><strong>9. Biofuel development<br />
</strong>As well as using wood to temporarily sequester carbon, it can be used as a biofuel. <a href="https://www.bioenergy.org.nz/resource/torrefaction">Torrefaction</a> is a thermal process that involves heating biomass in the absence of oxygen to produce a more energy-dense and stable material.</p>
<p>This process can be applied to various types of biomass, including wood chips, slash, agricultural residues and other organic materials. The resulting torrefied biomass has several advantages, including improved grindability, increased energy density and reduced moisture content.</p>
<p>It is currently used at the Huntly power station <a href="https://www.newsroom.co.nz/genesis-imports-us-wood-pellets-to-fuel-huntly-renewable-energy-trial">in place of coal</a> but the torrefied wood chips are imported. Instead, this could be an important fuel and an export, given the shortages in Europe arising from the Ukraine war.</p>
<p><strong>10. Incentives for better land use<br />
</strong>Regenerative farming, agroforestry and <a href="https://www.stuff.co.nz/business/farming/114325516/modern-farm-uses-ancient-method-to-maintain-productivity-while-adding-biodiversity">silvopasture</a> techniques integrate trees with agricultural practices. This enhances carbon sequestration, improves soil health and provides additional income streams for farmers.</p>
<p>New Zealand should implement financial incentives and regulations to encourage private landowners to participate in tree planting and sustainable forest management. Tax incentives, carbon offset programmes and grants can drive private investment in climate-friendly practices.</p>
<p><strong>A more self-sufficient future<br />
</strong>Addressing climate change threats in New Zealand requires acknowledgement of the dependencies on shipping, air travel and tourism. Planning for the consequences of climate change and building resilience are both essential.</p>
<p>New Zealand needs to become a lot more self-sufficient and reduce volumes of exports by increasing domestic processing and manufacture. These changes may be hastened by international tariffs on trade based on carbon content.</p>
<p>By transitioning to green shipping, transforming air travel and fostering sustainable tourism, New Zealand can mitigate its carbon footprint, protect natural ecosystems and ensure long-term socioeconomic prosperity. Public-private partnerships and robust policy implementation are crucial.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img decoding="async" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/211100/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p>
<p><a href="https://theconversation.com/profiles/kevin-trenberth-15259"><em>Kevin Trenberth</em></a><em>, distinguished scholar, NCAR; affiliate faculty, <a href="https://theconversation.com/institutions/university-of-auckland-1305">University of Auckland.</a> This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/meeting-the-long-term-climate-threat-takes-more-than-private-investment-10-ways-nz-can-be-smart-and-strategic-211100">original article</a>.</em></p>
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		<title>UN shipping agency endorses 1.5 degrees plan after ‘relentless Pacific lobbying’</title>
		<link>https://asiapacificreport.nz/2023/07/08/un-shipping-agency-endorses-1-5-degrees-plan-after-relentless-pacific-lobbying/</link>
		
		<dc:creator><![CDATA[APR editor]]></dc:creator>
		<pubDate>Sat, 08 Jul 2023 02:03:01 +0000</pubDate>
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		<guid isPermaLink="false">https://asiapacificreport.nz/?p=90514</guid>

					<description><![CDATA[By Kelvin Anthony, RNZ Pacific lead digital and social media journalist Pacific island countries&#8217; &#8220;relentless&#8221; efforts at the UN&#8217;s specialist agency on shipping, International Maritime Organisation (IMO), has resulted in the adoption of a new emissions reductions strategy to ensure the Paris Agreement goal remains within reach. The IMO&#8217;s 80th Marine Environment Protection Committee (MEPC80) ]]></description>
										<content:encoded><![CDATA[<p><em>By <a href="https://www.rnz.co.nz/authors/kelvin-anthony">Kelvin Anthony</a>, <span class="author-job"><a href="https://www.rnz.co.nz/international/pacific-news/">RNZ Pacific</a> lead digital and social media journalist</span></em></p>
<div class="article__body">
<p>Pacific island countries&#8217; &#8220;relentless&#8221; efforts at the UN&#8217;s specialist agency on shipping, International Maritime Organisation (IMO), has resulted in the adoption of a new emissions reductions strategy to ensure the Paris Agreement goal remains within reach.</p>
<p>The IMO&#8217;s 80th Marine Environment Protection Committee (MEPC80) was under pressure to deliver an outcome to reduce the global maritime transportation industry&#8217;s carbon footprint and to steer the sector towards a viable climate path that is 1.5 degrees-aligned.</p>
<p>It was a political compromise after two weeks of intense politicking that got member states through to settle on the <a href="https://imo-newsroom.prgloo.com/resources/mdq5f-ge2wc-nudpy-hmqvy-h92vh">2023 IMO Greenhouse Gas Strategy</a> on Friday, just as hopes were fading of any meaningful outcome from the negotiations at the IMO&#8217;s climate talks in London.</p>
<ul>
<li><a href="https://asiapacificreport.nz/?s=Paris+Agreement+goal"><strong>READ MORE:</strong> Other emissions reduction strategy reports</a></li>
</ul>
<p>The Pacific collective from the Marshall Islands, Fiji, Kiribati, Tuvalu, Tonga and Solomon Islands, who have been at the IMO since 2015 joined by Vanuatu, Nauru, Samoa and Nauru &#8212; referred to as the 6PAC Plus &#8212; overcame strong resistance to ensure international shipping continues to steam towards full decarbonisation by 2050.</p>
<p>Vanuatu&#8217;s Climate Change Minister Ralph Regevanu, who attended the IMO meeting for the first time, said: &#8220;This outcome is far from perfect, but countries across the world came together and got it done &#8212; and it gives us a shot at 1.5 degrees.&#8221;</p>
<div class="photo-captioned photo-captioned-full photo-cntr eight_col ">
<figure style="width: 1050px" class="wp-caption alignnone"><img loading="lazy" decoding="async" src="https://rnz-ressh.cloudinary.com/image/upload/s--CRiWJlxt--/ar_16:10,c_fill,f_auto,g_auto,q_auto,w_1050/v1688738971/4L67Q0C_MicrosoftTeams_image_7_png" alt="Some of the Pacific negotiators at the International Maritime Organisation. 7 July 2023" width="1050" height="787" /><figcaption class="wp-caption-text">Some of the Pacific negotiators at the International Maritime Organisation. Image: Kelvin Anthony/RNZ</figcaption></figure>
</div>
<p>Pacific nations were advocating for global shipping to reach zero emissions by 2050 consistent with the <a href="https://sciencebasedtargets.org/resources/files/SBTi-Maritime-Guidance.pdf">science-based targets</a>.</p>
<p>They had proposed absolute emissions cuts from the sector of at least 37 percent by 2030 and 96 percent by 2040 for the industry, to ensure the IMO is not out of step on climate change.</p>
<p><strong>Countries came up short</strong><br />
But countries came up short, instead agreeing that to &#8220;reach net-zero GHG emissions from international shipping&#8221; a reduction of at least 20 percent by 2030, striving for 30 percent, and at least 70 percent by 2040, striving for 80 percent compared to 2008, &#8220;by or around 2050&#8221;, was sufficient to set them on the right trajectory.</p>
<p>While there were concerns that targets were not ambitious, they were accepted as better than what nations had decided on in an earlier revised draft text on Thursday, when they agreed for only 20 percent by 2030, with the upper limit of 25 percent, and at least 70 percent by 2040, striving for 75.</p>
<p>&#8220;These higher targets are the result of relentless, unceasing lobbying by ambitious Pacific islands, against the odds,&#8221; Marshall Islands special presidential envoy for the decarbonisation of maritime shipping, Albon Ishoda said.</p>
<p>​​&#8221;If we are to have any hope of saving our beautiful Blue Planet, and building a truly ecological civilisation, the climate vulnerable needs our voices to be heard and we are confident that they have been heard today.&#8221;</p>
<div class="photo-captioned photo-captioned-full photo-cntr eight_col ">
<figure style="width: 1050px" class="wp-caption alignnone"><img loading="lazy" decoding="async" src="https://rnz-ressh.cloudinary.com/image/upload/s--adNaaFyN--/ar_16:10,c_fill,f_auto,g_auto,q_auto,w_1050/v1688738971/4L67Q0C_MicrosoftTeams_image_5_png" alt="Tuvalu's Minister for Transport, Energy and Tourism, Nielu Mesake" width="1050" height="787" /><figcaption class="wp-caption-text">Tuvalu&#8217;s Minister for Transport, Energy and Tourism Nielu Mesake . . . disappointed over &#8220;a strategy that falls short of what we need &#8211; but we are realistic.&#8221; Image: Kelvin Anthony/RNZ Pacific</figcaption></figure>
</div>
<p>Tuvalu&#8217;s Minister for Transport, Energy and Tourism, Nielu Mesake, said he was &#8220;very disappointed&#8221; to have &#8220;a strategy that falls short of what we need&#8221;.</p>
<p>&#8220;But we are also realistic and understand that to reach any chance of setting this critical sector in the right direction we needed to compromise,&#8221; Mesake said.</p>
<p>He said Tuvalu was confident in the shipping industry&#8217;s ability to change.</p>
<p>&#8220;We have seen it before. We are confident that our industry will now prioritise each effort and each capital into decarbonizing [and] see shipping stepping up to the plate and fulfil its responsibility to reduce emissions.&#8221;</p>
<p>Ishoda said the IMO&#8217;s focus now was to deliver on the targets.</p>
<p>&#8220;We look forward to swift agreement on a just and equitable economic measure to price shipping emissions and bend the emissions curve fast enough to keep 1.5 alive.&#8221;</p>
<p><strong>More work ahead<br />
</strong>IMO chief Kitck Lim said the adoption of the strategy was a &#8220;monumental development&#8221; but it was only &#8220;a starting point for the work that needs to intensify even more over the years and decades ahead of us.&#8221;</p>
<p>&#8220;However, with the Revised Strategy that you have now agreed on, we have a clear direction, a common vision, and ambitious targets to guide us to deliver what the world expects from us,&#8221; Lim said.</p>
<p>And Pacific nations are under no illusion of the task ahead for international shipping truly to truly meet the 1.5 degrees limit.</p>
<p>Fiji&#8217;s Minister for Transport Ro Filipe Tuisawau said: &#8220;We know that we have much more work to do now to adopt a universal GHG levy and global fuel standards urgently.</p>
<p>&#8220;These are tools which will actually reduce emissions. We also look forward to the utilisation of viable alternative fuels,&#8221; Tuisawau said.</p>
<p>Kiribati Minister for Information, Communication and Transport Tekeeua Tarati said the process of arriving at the final outcome &#8220;has been an extremely challenging and distressing negotiation for all parties involved.&#8221;</p>
<p>&#8220;We had hoped for a revised strategy that was completely aligned to 1.5 degrees, not a strategy that merely keeps it within reach,&#8221; Tarati said.</p>
<p>&#8220;We need to work on the measures that are essential to achieve the emissions reductions we so desperately need.&#8221;</p>
<div class="photo-captioned photo-captioned-full photo-cntr eight_col ">
<figure style="width: 1050px" class="wp-caption alignnone"><img loading="lazy" decoding="async" src="https://rnz-ressh.cloudinary.com/image/upload/s--mid5Bd-A--/ar_16:10,c_fill,f_auto,g_auto,q_auto,w_1050/v1688737219/4L67RD1_53029001679_98177fa4d1_k_jpg" alt="Member States adopt the 2023 IMO Greenhouse Gas Strategy in London. 7 July 2023" width="1050" height="699" /><figcaption class="wp-caption-text">Member states adopt the 2023 IMO Greenhouse Gas Strategy in London on 7 July 2023. Image: IMO/RNZ Pacific</figcaption></figure>
<p class="photo-captioned__information"><strong>Carbon levy on the table</strong></p>
</div>
<p>The calls for a GHG levy for pollution from ships also made it through as an option under the basket of candidate mid-term GHG reduction measures, work on which will be ongoing in future IMO forums.</p>
<p>While the word &#8220;levy&#8221; is not mentioned, the strategy states an economic measure should be developed &#8220;on the basis of maritime GHG emissions pricing mechanism&#8221;.</p>
<p>&#8220;A GHG levy, starting at $100/tonne, is the only way to keep it there. Ultimately it&#8217;s not the targets but the incentives we put in place to meet them. So we in the Pacific are going to keep up a strong fight for a levy that gets us to zero emissions by 2050.&#8221;</p>
<p>Ishoda said a universal GHG levy &#8220;is the most effective, the most efficient, and the most equitable economic measure to accelerate the decarbonisation of international shipping.&#8221;</p>
<p>But he acknowledged more needed to be done.</p>
<p>&#8220;There is much work to do to ensure that 1.5 remains not just within reach, but it&#8217;s achieved in reality.&#8221;</p>
<p><strong>&#8216;Wish and prayer agreement&#8217;<br />
</strong>But shipping and climate campaigners say the plan is not good enough.</p>
<p>According to the Clean Shipping Coalition, the target agreed to in the final strategy was weak and &#8220;is far short of what is needed to be sure of keeping global heating below 1.5 degrees.&#8221;</p>
<p>&#8220;There is no excuse for this wish and a prayer agreement,&#8221; the group&#8217;s president, John Maggs, said.</p>
<p>Maggs said the member states had known halving emissions by the end of the decade &#8220;was both possible and affordable&#8221;.</p>
<p>&#8220;The most vulnerable put up an admirable fight for high ambition and significantly improved the agreement but we are still a long way from the IMO treating the climate crisis with the urgency that it deserves and that the public demands.&#8221;</p>
<p>University College London&#8217;s shipping expert Dr Tristan Smith said outcome of IMO&#8217;s climate talks &#8220;owes so much to the leadership of a small number of climate vulnerable countries &#8211; to their determination and perseverance in convincing much larger economies to act more ambitiously&#8221;.</p>
<p>&#8220;That this still does not do enough to ensure the survival of the vulnerable countries, in spite of what they have given to help secure the sustainability of global trade, is why more is needed, and all the more reason to give them the credit for what they have done and to heed their calls for a GHG levy,&#8221; Dr Smith added.</p>
<p><em><i><span class="caption">This article is republished under a community partnership agreement with RNZ.</span></i></em></p>
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