Japan has proposed easing greenhouse gas fuel intensity (GFI) reduction targets from 2030 onwards and replacing the IMO Net-Zero Fund with a “direct contribution” mechanism. The Net-Zero Framework (NZF) was approved at MEPC 83. It introduced a two-tier GHG fuel intensity (GFI) standard requiring ships to progressively reduce well-to-wake greenhouse gas (GHG) emissions from 2028 ...
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