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The decision to ๐ฉ๐จ๐ฌ๐ญ๐ฉ๐จ๐ง๐ž ๐ญ๐ก๐ž ๐ฏ๐จ๐ญ๐ž ๐จ๐ง ๐ญ๐ก๐ž ๐ˆ๐Œ๐Ž ๐๐ž๐ญ ๐™๐ž๐ซ๐จ ๐…๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐ค ๐›๐ฒ ๐Ÿ ๐ฒ๐ž๐š๐ซ (and the global maritime carbon levy) by the International Maritime Organization until 2026 opens a critical one-year period to build an equitable solution together.

๐Ÿ‘‰ The MEPC extraordinary session in London delivered it’s result: 57 voting states for the delay by 12 months, 49 opposed the delay and 21 abstained
This delay offers a vital ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ญ๐จ ๐š๐๐๐ซ๐ž๐ฌ๐ฌ ๐ข๐ง๐ข๐ญ๐ข๐š๐ฅ ๐ฐ๐ž๐š๐ค๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐š๐ญ ๐…๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐คand to reconcile two crucial goals:

1๏ธโƒฃย ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ž๐œ๐š๐ซ๐›๐จ๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ: by driving financing to low carbon solutions development (e.g.; green fuels) and assisting international fleets in their transition.

2๏ธโƒฃ ย ๐๐ซ๐จ๐ฆ๐จ๐ญ๐ž ๐‚๐ฅ๐ข๐ฆ๐š๐ญ๐ž ๐‰๐ฎ๐ฌ๐ญ๐ข๐œ๐ž and support emerging economies in their climate change adaptation and sovereign green transition.

The global community, industry groups, the IMO, and the international community (with fair representation from the Global South) must work together to establish a strong consensus for an inclusive decarbonization roadmap that truly benefits all the parties.

The Africa Sovereign Carbon Registry Foundation looks forward to collaborating with all stakeholders and sharing the Sovereign Carbon Initiative model to help revisit the NZF framework and shape a more equitable and inclusive approach to global transport decarbonization and climate change adaptation.

IMO secretary-general Arsenio Dominguez asked delegates โ€œ๐’•๐’ ๐’๐’†๐’‚๐’“๐’ ๐’‡๐’“๐’๐’Ž ๐’•๐’‰๐’† ๐’“๐’†๐’”๐’–๐’๐’•, ๐’˜๐’๐’“๐’Œ ๐’•๐’๐’˜๐’‚๐’“๐’… ๐’„๐’๐’๐’”๐’†๐’๐’”๐’–๐’” ๐’‚๐’๐’… ๐’„๐’๐’Ž๐’† ๐’ƒ๐’‚๐’„๐’Œ ๐’‡๐’“๐’†๐’”๐’‰ ๐’Š๐’ ๐’๐’๐’† ๐’š๐’†๐’‚๐’“โ€.