The shipping sector, like all others needs to be aligned with net zero by 2050. This would also mean having clear plans with interim targets to get there, including absolute GHG reduction targets, in a just, equitable and inclusive manner, according to the Executive Secretary of the United Nations Climate Change, Simon Stiell.

Addressing the 80th session of the Marine Environment Protection Committee (MEPC 80) hosted by the International Maritime Organisation (IMO) in London, Mr Stiell said: "This sector is abatable – the technology exists to do what is needed. The IMO, as the global regulator, can set the path of how we take advantage of that fact."

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He added: "Two years ago, IMO agreed to initiate the revision of the initial strategy by increasing its ambitions. And now we are here to adopt the revised strategy: with the ambition of a just, equitable and inclusive transition to the decarbonization of the shipping sector. This is good progress."

At COP27, Parties to the Paris Agreement emphasized the urgent need for immediate, deep, rapid and sustained reductions in global greenhouse gas emissions across all applicable sectors.

Parties also recognized the importance of both enhancing support for developing country Parties and minimizing negative economic and social impacts.

The UNFCCC Chief asserted: "We need a timeline to bring measures into force now. By setting absolute emissions reductions targets and shepherding the corresponding transition to a booming clean energy and renewables-based sector, the IMO’s leadership will support the transition of other critical sectors."

Mr Stiell concluded by quoting Arthur Ashe, who was the first black tennis player to win Wimbledon: "Start where you are. Use what you have. Do all that you can'.

"Let us take this opportunity to land a decisive win towards meeting our Paris Agreement commitments."

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