Responding to the UN Secretary-General's call for "urgency and ambition" on climate change, the entire global shipping industry is giving "full and unequivocal" backing to a moon-shot proposal submitted by governments, to catalyse the complete decarbonisation of maritime transport by deployment at scale of zero-carbon ships within a decade. The proposal, being submitted today by governments controlling a major share of the world's shipping tonnage to the UN International Maritime Organization (IMO) is to establish a $5bn "IMO Maritime Research Fund" using mandatory contributions from the world's shipping companies.
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