Resources
ISWG-GHG 20-3-9: The IMO life cycle GHG assessment framework
This document encourages the re-establishment of the correspondence group looking at "other social and economic sustainability themes/aspects of marine fuels" for potential inclusion in the 2024 Guidelines on life cycle GHG intensity of marine fuels (2024 LCA Guidelines). By focusing on LNG, bio-LNG, and e-LNG as an example in this document, it is evident that without a comprehensive assessment of existing and emerging fuels, IMO's net-zero goals and the implementation of the IMO Net-Zero Framework could be under threat.
ISWG-GHG 20-3-7: Re-establishment of the correspondence group on other social and economic sustainability aspects of marine fuels
This document encourages the re-establishment of the correspondence group looking at "other social and economic sustainability themes/aspects of marine fuels" for potential inclusion in the 2024 Guidelines on life cycle GHG intensity of marine fuels (2024 LCA Guidelines). By focusing on LNG, bio-LNG, and e-LNG as an example in this document, it is evident that without a comprehensive assessment of existing and emerging fuels, IMO's net-zero goals and the implementation of the IMO Net-Zero Framework could be under threat.
Safeguarding Natural and Social Capital:
“The global LNG-fueled fleet’s estimated 247,000 tons of methane emissions in 2023 translated to nearly US$950 million in annual climate damages — a near-fourfold increase from 2016, when the figure stood around US$250 million.”
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