UK urges net zero shipping emissions
Global Times

Shoppers leave a Smyths Toys shop in Glasgow ahead of the introduction of further coronavirus restrictions on Friday. Swathes of western and central Scotland prepared to enter a three-week period of restrictions. (Photo: AFP)

Britain, host of the COP26 climate change summit in 2021, called Monday for net zero global shipping emissions by 2050 and the launch of non-polluting commercial vessels by 2025.

The UK government wants to "chart a course" for cleaner shipping, Transport Secretary Grant Shapps said on the first day of London's international shipping week maritime event.

The zero target needs agreement from the International Maritime Organization, the Department for Transport added in a statement, noting that shipping currently accounts for 3 percent of global emissions.

"As a maritime nation with a rich history, and host of COP26, we are proud to be at the forefront of the greener era for maritime, charting an international course for the future of clean shipping," Shapps said in the statement.

"Taking action now allows us to lead the charge on this global shift, creating highly-skilled jobs for British workers and shaping the landscape for what clean shipping and trade will look like for future generations."

Johnson's Conservative administration, which also seeks to reduce Britain's carbon emissions to net zero by 2050, will in November host the COP26 United Nations climate summit in Glasgow.

Shipping companies, buoyed by keen demand, are currently splashing out cash on expanding their fleets with newly built ships.

As a result, new shipping capacity is forecast hit a record-matching level by 2023, according to a Banchero Costa' recent estimate.