The International Maritime Organization would jeopardise the shipping industry’s push to comply with the Paris Agreement on climate change if it fails to adopt deeper emissions targets this summer, Poseidon Principles chairman Michael Parker has said.
Speaking at the Connecticut Maritime Association’s annual conference on Tuesday in Stamford, the head of Citi’s shipping business said the industry is moving forward on decarbonisation with or without its international regulator — but still needed leadership from the IMO to reach global goals on climate change.
