insights IMO Approves First-Ever Global Carbon Pricing for Shipping — But Is It Enough?
MEPC 83 Marks a New Era in Shipping Decarbonization, Yet Falls Short in Ambition
2025-04-25
Shipping
Why
The shipping industry plays a crucial role in connecting the global economy through imports and exports of large-scale cargo. International shipping accounts for about 3% of global greenhouse gas emissions, which would rank as the world's sixth-largest emitter if considered as a country.
Goal
Our goal is for South Korea's shipping industry to not only achieve the 2050 international shipping net-zero standards announced by the International Maritime Organization (IMO) and the Ministry of Oceans and Fisheries but ultimately to meet the Paris Agreement target of limiting global warming to within 1.5 degrees Celsius before 2050.
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Latest
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news [Press Release] Korea–Europe Green Shipping Corridor aims for 70% CO₂ cut, sets blueprint for maritime decarbonization
2025-04-23
events Achieving Net-Zero in Shipping: Building and Supporting Green Shipping Corridor
2024-11-21
![[Statement] South Korea Reviews Proposal of World First Green Shipping Corridor Bill](https://content.forourclimate.org/images/newsroom/W4YGMae.jpg)
news [Statement] South Korea Reviews Proposal of World First Green Shipping Corridor Bill
2024-10-04
![[Press Release] Prolonged reliance on fossil fuels hinders shipping decarbonization in China, Japan, and South Korea](https://content.forourclimate.org/images/newsroom/i6onrWe.jpg)
news [Press Release] Prolonged reliance on fossil fuels hinders shipping decarbonization in China, Japan, and South Korea
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