A pilot trading system for shipping emissions, similar to concepts used for buying green electricity, will be put together between May and the end of this year with the aim of incentivising the use of low-carbon fuels and ships.
The Maritime Book & Claim system, involving shipowners and operators, cargo owners and freight forwarders, aims to achieve higher charter premiums for low-emission ships and help investment in green shipping services plus boost recovery of expenditure on decarbonisation technologies.
