Bloomberg reports that, ahead of Friday’s vote at the IMO, Andrew Forrest, the billionaire founder and chair of Fortescue Metals Group, decried what he said were “intimidatory tactics” impacting delegates’ ability to
Bloomberg reports that, ahead of Friday’s vote at the IMO, Andrew Forrest, the billionaire founder and chair of Fortescue Metals Group, decried what he said were “intimidatory tactics” impacting delegates’ ability to vote their conscience.
“As a global industrialist and philanthropist, I stand ready to support any country or individual being blackmailed or threatened,” Forrest said in a message to negotiators at the UN. “I am committed to working with others to ensure that justice prevails and bullying tactics do not win out.”
Still, IMO’s Marine Environment Protection Committee voted to adjourn discussions on the Net-Zero Framework for one year.
International Chamber of Shipping
Thomas A. Kazakos, ICS Secretary General, said: “We are disappointed that member states have not been able to agree a way forward at this meeting. Industry needs clarity to be able to make the investments needed to decarbonise the maritime sector, in line with the goals set out in the IMO GHG strategy.”
World Shipping Council
“The liner industry is committed to the goal of net-zero by 2050 and has invested USD 150 billion in ships designed to run on green fuels,” said the World Shipping Council in a statement. “The IMO remains the right place
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