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You are here: Home Archive 2009 December 21 No deal for shipping to foot climate change bill

No deal for shipping to foot climate change bill

by Rob McKay last modified Dec 21, 2009 12:24 PM

The International Maritime Organization looks likely to control the shipping industry's emissions reduction strategy for the next 12 months at least.

This follows what has been described as a weak deal agreed to on Friday at the global climate change conference Copenhagen.

No legally-binding agreements were put in place at the talks.

The United Nations said that Mexico would host the next Framework Convention on Climate Change meeting, to be held in late November or December next year.

However, according to reports, there has been no agreement for shipping and aviation to fund developing countries' responses to global warming under the Copenhagen agreement.

At this stage, it was unclear if the idea would resurface.

Several African nations led by Ethiopia had been joined by the European Union, Norway, Mexico and Australia in talks that may have seen more than $25bn raised through a cap and trade system.





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