GLOBAL VOYAGE2050 PROJECT (Syllabus: GS Paper 3 – Env and Eco)

Context: India has been selected as pioneer lead country for International Maritime Organization (IMO) Green Voyage2050 Project, with the objective to assist developing countries in their efforts to reduce Green House Gases (GHG) emissions from ships.

Green Voyage2050 Project

• About: It is a partnership project  between the Government of Norway and IMO.
• Launched in: May 2019.
• Aim: To transform the shipping industry towards a lower carbon future, to spur global efforts to demonstrate and test technology solutions. 
• Initiative: The global partnership is supporting developing countries, including Small Islands Developing States (SIDS) and Least Developed Countries (LDCs), in meeting their commitment towards relevant climate change and energy efficiency goals, for international shipping, through supporting the Initial IMO GHG Strategy.

oPrivate sector participation is achieved through enhancing the existing Global Industry Alliance to Support Low Carbon Shipping with new partners from the maritime sector. 

International Maritime Organization (IMO)

• About: It is a specialized agency of the United Nations responsible for regulating shipping.
• Established in 1948 (came into force: 1959)
• Members: 174 member and 3 associate members;
• HQ - London, UK
• IMO’s primary purpose - to develop and maintain a comprehensive regulatory framework for shipping. Its remit today includes safety, environmental concerns, legal matters, technical cooperation, maritime security and the efficiency of shipping.