Funding agreed for Global Maritime Energy Efficiency
IMO, the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping. The focus is to implement technical and operational measures in developing countries, where shipping is increasingly concentrated. The aim is to promote a low-carbon maritime sector, in order to minimize the adverse impacts of shipping emissions on climate change, ocean acidification and local air quality.