There is an ongoing debate at the MEPC on how potential carbon revenues from international shipping could be used, managed, and governed. This technical paper aims to contribute to this debate by addressing...
This summary for policymakers aims to highlight the unique potential of revenue-raising market-based measures for international shipping. It discusses the significant magnitude of carbon revenues that...
Across the maritime industry, there is general agreement that shipping must undergo a rapid energy transition. This implies a shift from fossil bunker fuels, such as the predominant heavy fuel oil (HFO)...
Global maritime transport plays a crucial role in both facilitating trade and fostering economic development at an international scale. Carrying an estimated 70 percent of global trade by value and 80...
Although the existing literature identifies a fuel levy imposed by means of a global agreement as the most efficient policy for carbon pricing in the maritime sector, scholars and policy makers debate...